Friday, May 16, 2014

Thousands have not paid premiums for Cover Oregon health policies, placing coverage at risk

A large number of people who've signed up for private health insurers through the Cover Oregon health insurance exchange have not paid their first month's premiums, meaning they are at risk of going without coverage through November. This year, for the first time, most people who don't have health coverage risk a federal tax penalty that runs as much as 1 percent of household income. Once the first month's premium is paid and the policy is in place, under the Affordable Care Act consumers will have a much longer grace period – 90 days—to reinstate insurance after failing to pay.
www.oregonlive.com/health/index.ssf/2014/05/thousa...river

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