Call Us 562-594-6541

Free California Insurance Quote

 

 

Bits & Pieces are Coming Together: Group Health Insurance

We are looking to assist our clients on the issues with group health insurance.  One such issue is what to do about enrolling in a group plan when the open enrollment dates conflict with when individuals need to have minimum coverage beginning 1/01/14 or face fines & penalties. 

 

The quick answer to this, as recently advised by the IRS on 6/26/13 under Notice 2013-42, is that employees and dependents who chose to wait for the group renewal date can do so and not be subject to the individual penalty for the months in 2014 that they were not covered while waiting for open enrollment for an employer sponsored plan.

 

For more information you can go to the IRS on the web and review Notice 2013-42.   You can also check on various    

 

Thank you for this opportunity to be of service to you

 Huggins Dreckman Insurance - Insuring Your Success!

Comments

Got something to say? Join the discussion »

Leave a Reply

 [Quick Submit with Ctrl+Enter]

Remember my details
Notify me of followup comments via e-mail

 

 

Get a Quote or call 562-594-6541