Category Archives: Enrollment and Communication

Bell Associates understands that it is critical for your employees to understand their benefits in order for them to use the plans effectively and understand the value they provide. When your company partners with Bell Associates, we will work with you to develop a communications plan that will increase employee participation and enhance employee satisfaction while streamlining your administrative process.

What No One’s Telling You About the Cost of Not Enrolling — It’s Not Just a Tax Penalty

28 Friday Mar 2014

Posted by in ACA Analysis and Oversight, Enrollment and Communication

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March 31st, the deadline for enrolling in healthcare coverage under the Affordable Care Act, is fast approaching. If you are one of the millions of people who have chosen not to enroll, you may want to re-think that decision. The consequences of not enrolling by the deadline may be greater than you think – there’s much more to it than the tax penalty you’ve heard about.

You’re responsible for all of your medical expenses.

In the pre-Obamacare era, if you needed extensive healthcare and were not insured, you might qualify to receive benefits through Medicaid, providing you protection from the potentially catastrophic impact of unforeseen healthcare expenses.

That protection is no longer available. As of this year, if you are uninsured, you will be required to pay 100% of your medical expenses, regardless of how extensive they are and what your financial means are. There is no limit to the amount you may be charged for medical services. Continue reading →