Health Plan Basics

  • How Do These Changes Affect Me? 

    Everyone needs to have healthcare coverage now. If your employer doesn’t offer coverage, you must buy your own health plan or pay a penalty.

    How Much is the Penalty? 

    If you don’t have health coverage you could face a penalty of either $95 or 1% of your income on your taxes in 2015. You’ll pay whichever is greater. The penalty will increase every year. Learn about penalties.

    Have You Been on the Same Health Plan Since March 23, 2010? 

    If so, the plan changes described on this page may not apply to you, because in healthcare lingo, your plan has been "grandfathered" in. You don’t have to do anything, but you can change your plan if you wish. Learn more about grandfathered plans.

    How Much Will Coverage Cost Me? 

    The cost of coverage will vary depending on your plan choice, age, where you live, and whether you use tobacco. Premera offers you a range of plans designed to help you balance the cost you want to pay with the level of coverage you need.

    If you need help paying for your coverage, you may be eligible for a federal tax credit. The tax credit could significantly reduce your monthly payments, so it’s important to understand whether you qualify.