Thanks to my wonderful insurance advisor, Rene Perrault (Consolidated Insurance Svcs (800) 732-4482), here’s the scoop on purchasing your own private plan:
Oct 1-March 31, 2014 open enrollment period
Go to COVERED CALIFORNIA: coveredca.com
See if you are eligible for a subsidy – fill out the form and it will tell you
Compare premium, out of pocket, deductible to find the right plan
If you lose your insurance next summer or fall,
that is considered a “qualifying event,”
and you can apply for insurance at that time.
If you have NO insurance and you don’t apply,
the penalty is $95 or 1% of your income – whichever is greater.
The penalty will increase year TWO.