The Affordable Care Act and Cancellation of Individual Plans for Non Payment of Premium

The Affordable Care Act requires everyone to be enrolled in a health insurance plan with a few exceptions. If an individual policy is cancelled for non payment of premium, it is likely that the policy will not be reinstated. The repercussions are that most likely a new policy cannot be purchased until open enrollment with an effective date of January 1st, and depending on the date of the cancellation a penalty may be imposed by the IRS.


Please be certain that you premiums are paid on time.


Get every new post on this blog delivered to your Inbox.

Join other followers:

The Dennis L. David Insurance Agency | Long Term Care Insurance, Los Angeles Medical Insurance, Anthem Blue Cross Healthcare Insurance, Whole & Term Life Insurance Policies, Cigna, Disability Insurance, Blue Shield of CA, Group Health Plans, Aetna, Group Medical Insurance, Skilled Nursing Insurance, Medicare Supplement Insurance, Medicare Part D Prescription Drug Plans, In-Home Care, Disabled Work Insurance, Disability Benefits, Culver City Health & Life Insurance, Family & Individual Health Insurance, Health Care Reform & Affordable Care Act Assistance, Obamacare, Covered CA Health Insurance, Health Plans, Kaiser Insurance, Genworth Life, John Hancock Life, Culver City Long Term Care & Disability, Employee Benefits, Beverly Hills, Hollywood, West Hollywood, Santa Monica, Pacific Palisades, Marina Del Rey, West Los Angeles, Los Angeles, El Segundo, Sherman Oaks, Encino, Los Angeles, Manhattan Beach, Los Angeles County CA, California

CA Insurance License Number:  0668857

TX Insurance License Number:  1774174