Category Archives: Healthcare Insurance

HOW TO AVOID TAX PENALTIES ON YOUR HEALTHCARE INSURANCE: A COMMENTARY BROUGHT TO YOU BY THE NOBILIS HEALTHCARE COMPANY

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Nobilis Health is famous for offering their customers some of the best healthcare coverage around. It’s more of a comprehensive full-service plan, more than anything else. What you might not be aware of is their pension for offering advice on healthcare.

Nobilis has been in busy for a long time. Their staff has seen it all, even what happens to people who pay the penalties for not having health insurance. It happens. Some people can not afford healthcare insurance. When this happens these people have to pay a small tax because of it.

Which is why we are here today.

The reps from Nobilis Healthcare are here to help you avoid these penalties and more.

HOW TO AVOID THE PENALTIES

There is something known as the 14th category. This is when “hardships” are used as notification for certain situations. These hardships can be considered your “get out of it for free” card. However, there are certain stipulations, or you will have to pay the penalty tax. Hardships can include being homeless and facing domestic violence/abuse.

Still others require certain documentation of your hard times. If you face eviction, you have to show the papers. If you are facing foreclosure you also have to show the papers. Bankruptcy requires the same thing.

There are other exemptions too. Some of these exemptions include having higher costs to pay for certain healthcare costs. This has to do with taking care of a family member. If you are not taking care of a family member, there is no way you can qualify for this exemption.

Your child could have been denied healthcare coverage. This means you would have to pick up the costs for this too. This does happen. Nobilis Healthcare has seen this happen all too often.

There is the chance you might have been eliminated for your previous plan. When you went apply for others plans you got denied. This happens to many people. This can be used as an exemption to get out of paying the tax penalty. Now for this one you might have to show your documentation to prove it. Some ask for it, some do not. It all depends.

What happens if your state denied expansion of the medicaid program? This could and does happen. If this has happened to you, you might be a favorable candidate for this exemption. The best thing you can do is call up a representative at Nobilis Healthcare. Ask to speak to someone who knows about this subject. He or she can lead you down the right path, helping to determine if you are a viable candidate or not.

 

February 24, 2016