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I"m being pentalized for not having health Ins. for Sept thru the end of the year. I had Obama care Jan thru Aug, and then put on medicare why?

I dont feel I should have to pay a penalty if i was covered. I had obamacare jan thru aug then medicare started sept 1st why 

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DawnC0
Intuit Alumni

I"m being pentalized for not having health Ins. for Sept thru the end of the year. I had Obama care Jan thru Aug, and then put on medicare why?

If you had qualified coverage all year, you can mark the box ''I had health insurance coverage all year'', and you will avoid any penalties.  For medicare, Part B alone is not enough.  Here are coverage plans that count as qualified coverage:

    • A state, federal or private Health Insurance Marketplace (including Healthcare.gov, and plans purchased through state Marketplaces, which are also known as exchanges)
    • Health plans offered by a college or university you’re enrolled in that began on or after December 31, 2015
    • Your parent’s health insurance plan (if you’re under 26 years old)
    • The Medicaid program in your state (Medi-Cal, MassHealth, Medical Assistance Program, SoonerCare, TennCare, MaineCare, HuskyHealth, etc.)
    • Medicare (at least Part A, Part C or Medicare Advantage)
    • A retirement program from your former employer
    • Veteran’s Administration (VA), CHAMPVA, or TRICARE

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1 Reply
DawnC0
Intuit Alumni

I"m being pentalized for not having health Ins. for Sept thru the end of the year. I had Obama care Jan thru Aug, and then put on medicare why?

If you had qualified coverage all year, you can mark the box ''I had health insurance coverage all year'', and you will avoid any penalties.  For medicare, Part B alone is not enough.  Here are coverage plans that count as qualified coverage:

    • A state, federal or private Health Insurance Marketplace (including Healthcare.gov, and plans purchased through state Marketplaces, which are also known as exchanges)
    • Health plans offered by a college or university you’re enrolled in that began on or after December 31, 2015
    • Your parent’s health insurance plan (if you’re under 26 years old)
    • The Medicaid program in your state (Medi-Cal, MassHealth, Medical Assistance Program, SoonerCare, TennCare, MaineCare, HuskyHealth, etc.)
    • Medicare (at least Part A, Part C or Medicare Advantage)
    • A retirement program from your former employer
    • Veteran’s Administration (VA), CHAMPVA, or TRICARE
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