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Obamacare Deadline Is Today For Coverage Starting Feb. 1

Healthcare.gov_2015.jpg
healthcare.gov
For consumers wanting a health insurance plan through the federal marketplace, Jan. 15 is a deadline for coverage that becomes effective Feb. 1.

People who qualify for health insurance through the federal marketplace should keep in mind some looming deadlines – like today, for people wanting coverage to start Feb. 1.

Open enrollment will end soon for those who qualify for a health insurance plan on the federal marketplace. That deadline is Feb. 15 for coverage that begins on March 1.

People who want their coverage to start Feb. 1 must enroll and pay for their health insurance plan by the end of today, Jan. 15.

Only certain people qualify for an extension, including those who got married or had a child recently.

Most U.S. citizens and lawful residents who went three months or more without health insurance in 2014 will pay a tax penalty this year.

In 2015, the tax penalty is two percent of household income, or $325 per adult and about $160 per child.

So far, 859,377 people in Texas have signed up for coverage through the marketplace, according to the U.S. Department of Health and Human Services.

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