Published on December 11, 2015
The time to take action is now! The December 15, 2015 deadline to sign up for a Health Insurance Marketplace® plan (so your coverage can start January 1, 2016) is quickly approaching. Be sure to apply and enroll today, so you don’t miss a day of being covered.
Plans may cost less than you think
This year, 8 out of 10 people who enroll in health coverage through HealthCare.gov qualify for savings that lower the cost of their monthly premiums. In fact, most people can find plans with premiums for less than $75 a month after tax credits.
Get covered or pay a fee
If you don’t have health coverage for 2016, you may have to pay a fee on your taxes. And for 2016, that penalty is increasing to $695 or 2.5% of your income — whichever is higher.