News Headlines Article

White House fixes disconnect in penalty and enrollment window
Modern Healthcare

On the eve of a congressional hearing about HealthCare.gov featuring the top CMS official, the agency said consumers can sign up for health insurance through the exchanges at any time during open enrollment period and not face a tax penalty.

The news late Monday was not a surprise. The Obama administration signaled earlier that it would soon issue guidance to work out the disconnect between the open enrollment deadline of next March 31 and the Feb. 15 deadline to buy insurance or else face a fine. For the first year, that penalty—known as the “shared responsibility payment”—is either $95 or 1% of income, whichever is greater.

Commands