I got laid off this week and my company insurance cover to the end of this month.
can I skip December without penalty?
Every American is allowed two full months without coverage a year, so if you find yourself missing a month you can take the short coverage gap exemption on form 8965. Be aware:
- When you miss a month you won't have health coverage and risk big medical costs in an emergency.
- If you miss more than three full months or more you'll owe a fee.
- One day in a month with coverage counts as coverage.
- You can lose your opportunity to re-enroll by missing your special enrollment window.