There’s “good news” for Americans and their Obamacare (the "Affordable" Care Act") obligation. The Obama administration is being “humane” offering you until Valentine's Day (or thereabouts) to avoid penalties for being uninsured.
The taxpayer-paid administration officials confirmed the “good news” Wednesday.
Mark your calendar to avoid the IRS from penalizing you or worse. That's about six weeks earlier than a March 31 deadline often cited previously.
Confused about the constant changes of this mess of a law?
The explanation: health insurance coverage typically starts on the first day of a given month, and it takes up to 15 days to process applications.
Now do you get it?
You will still have to be covered (whew!) by Mar. 31 to avoid the new penalties for remaining uninsured. But to successfully accomplish that you have to send in your application by the middle of February.
Coverage would then start on March 1 robots.
It took a non-White House source, The Jackson Hewitt tax preparation company, to initially point out the “wrinkle” with the health care mess law. An administration official confirmed it – Gosh, thanks red-faced bureaucratic.
Not surprisingly, the official spoke on condition of anonymity because they were not authorized to speak publicly.
This is the latest (hourly lately) of the complex requirements of President Barack Obama's health care law, known as the “Affordable” Care Act.
Care to go thought the other adjustments in the last few weeks?
- One-year delay of a requirement that larger employers offer coverage
- Spanish-language capabilities of its enrollment website
- Functionality on the site small businesses use to sign up
The health care law was designed to cover the uninsured through a mix of government-subsidized private insurance and a major expansion of the Medicaid safety net program.
Starting next year the law will require virtually all Americans to have insurance or face a tax penalty. That penalty starts “as low as $95 for 2014,” but escalates in subsequent years.
The administration says the deadline is actually Feb. 15, the day after Valentine's Day.
That's about six weeks earlier than a Mar. 31 deadline often cited previously.
The Jackson Hewitt tax preparation company first pointed out the wrinkle with the health care law's least popular requirement.
Definition: Keystone Kops – “Your" Obama administration.
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