Sunday, December 29, 2013

ObamaCare Deadlines

The Deadlines of ObamaCare September – Insurance companies cancel personal health insurance policies October 1, 2013 Signups begin October 1, 2013 Federal Exchange crashes December 22-23, 2013 President Obama’s staff signs him up for the budget Bronze Plan, but excludes his wife and children. He and they are actually covered by the military December 23, 2013 Signups mandatory for January 1, 2014 coverage December 24, 2013 New deadline for January 1 coverage January 1, 2013 Extended new deadline for January 1, 2014 coverage January 1, 2014 The tax on health insurance premiums is imposed January 1 – 15 Deadlines for various state exchanges January 6, 2014 California, Rhode Island January 7, 2014 Vermont January 10, 2014 Colorado, Connecticut, Hawaii, Massachusetts, Minnesota, New York January 10, January 15 Idaho (depends on insurer) January 15, 2014 Maryland, Oregon, Washington January 10, 2014 Revised deadline to pay first premium January 31, 2014 Loss of pharmacy coverage for many March 31, 2014 Last day to enroll to avoid paying a penalty (for now) Last Half of 2014 Many employers start cancelling Employer Health Insurance Plans November 4, 2014 Mid-term Congressional Elections November 15, 2014 Open enrollment for 2015 January 1, 2015 Postponed Employer Mandate kicks in (for now) December 20, 2013 – January 6, 2014 President Obama’s 17 day vacation in Hawaii January 1, 2018 40% excise tax imposed on “Cadillac” health insurance plans

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