Affordable Health Insurance

Tax Forms Introduced With The Affordable Care Act

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Californians who applied for health insurance  through Covered California in 2014 will receive within the next weeks a 1095- A form. This is a health Insurance Medical Statement. In Section 1 it lists the health insurance policy name, the health insurance you were signed up with at the start & end date of coverage. Section 2 list the individuals […]

Affordable Health Insurance

No-Insurance Tax Penalty Increase

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The annual tax penalty for not carrying health insurance in California will increase in 2015 to $ 325 per adult and $ 162.50 per child, or, 2 % of your annual income (whatever is higher). The maximum penalty will be $975 per family  or roughly 2 % of total income depending on the family income. […]