As we get nearer to the end of the year, time is running out for those who are uninsured to get health insurance under the ObamaCare law (I refuse to call it by its official name, which is a big lie) or be socked with a hefty penalty at tax time. People have until February 15, 2015 to do so.
The Hill reported:
People without insurance are running out of time to avoid the hefty ObamaCare penalties that the IRS will be handing down in 2016.
Consumers face a Feb. 15, 2015, deadline to buy insurance, after which those without coverage could be hit with fines of $325 per adult or 2 percent of family income, whichever is higher.Since the U.S. Supreme Court ruled that the penalty is a "tax," despite the Obama Administration's claims that it wasn't (a big lie) until they got before the court, everyone has to get health insurance whether they want it or not.
The other lie, "If you like your health insurance, you can keep it" was a "selling" point the Obama Administration and the Democrats in Congress told everyone. That proved to be false as people lost their coverage by the millions.
Small wonder so many Democrats lost their House and Senate seats in last month's election.
If you can get health insurance coverage through your place of employment, do so. It is a lot cheaper than though those state or federal exchanges.
To read more, go here.