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Health Insurance Marketplace

WHY SHOULD YOU USE THE MARKETPLACE?

WHY SHOULD YOU USE THE MARKETPLACE?

Save on costly medical services and avoid tax penalties by enrolling in health insurance.

Did you know the average cost of a three-day hospital stay is $30,000? Or that a broken leg can cost up to $7,500? Health coverage can help protect you from unexpected high costs. Not having health insurance could also cost you extra in taxes—penalties in 2015 for uninsured people are either 2 percent of yearly household income or $325 per individual, whichever is greater. Those penalties will increase every year. You can enroll through the new Health Insurance Marketplace starting Nov. 1, 2015,

Health insurance helps you avoid tax penalties and save on health care costs.

If you sign up for health insurance through the Health Insurance Marketplace, you can get coverage at some of the most competitive rates around. You will also receive free preventive care and other important coverage options, so you can choose a plan that’s right for you. People without coverage will be assessed a tax penalty in addition to being responsible for 100 percent of their medical costs. Sign up during open enrollment starting Nov. 1 to make sure you are covered and to avoid additional taxes.

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Jason Haas, Taft-Hartley Expert