What is Health Care Reform?

This video is a simple explanation of what Health Care Reform is and what it is supposed to do. The open enrollment period is approaching fast and everyone needs to be informed so they understand what they need to do to be compliant with the law. People that are not covered by health insurance for 2015 will face penalties from the IRS. The annual penalty will increase each year.  For 2015, the annual penalty will increase to $325 per adult and $162.50 per child, with a maximum penalty of $975 per family (or roughly two percent of total income depending on family income). In 2016, the annual penalty will be $695 per adult and $347.50 per child, with a max of $2,085 per family, or about two and a half percent of total income depending on family income.

Berlin & Denys Insurance can help you figure out how to get the coverage you are required to have at a cost that you can afford. Give us a call at 800-946-3303 or visit us on Facebook or our company website.