(Exerpted from Covered California enrollment bulletin 12/22/17)
Covered California Health Coverage Remains
You may have questions about the federal tax law that was just passed this week. We want to assure you that the benefits related to consumer's Covered California coverage, including financial help to reduce monthly premiums, has NOT changed for 2018. The penalty also remains in effect for 2018 coverage. The only change is the tax penalty will no longer be in effect beginning in 2019.
Throughout 2018 consumers will still have access to the same quality, affordable health coverage from Covered California that we have been providing since our first Open Enrollment period in 2013.
What does this mean?
- For 2018, individuals who can afford health insurance but choose not to enroll for coverage will be required to pay a penalty.
- Financial Help, for those who qualify, to help lower the cost of health coverage through Covered California REMAINS IN PLACE.
- Quality Health Care, health benefits and consumer protections such as Pre-Existing Conditions REMAIN IN PLACE.
- For individuals who do not buy insurance because it would be “unaffordable” for them, in 2018 they will not be required to pay a penalty. Please see tax penalty and exemptions for more information.
After the close of Open Enrollment on January 31, 2018, consumers will need to experience a Qualifying Life Event (QLE) in order to apply for coverage.