Health Marketplace Deadline Draws Closer - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Health Marketplace Deadline Draws Closer

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Time is running out to enroll in the Health Insurance Marketplace.

The open enrollment period will end Mach 31, but the Obama Administration will grant an extension to those who have begun the process but haven't finished yet. Anyone not enrolled will be penalized.

"The law actually requires most Americans to have health insurance or they may be subject to a tax penalty on their income tax return when they file early in 2015.  That penalty starts at $95 per person or 1 percent of income, whichever is greater.  So if people don't have coverage not only do they no have security of not having health insurance where they have sickness or illness, but they are also subject to a tax penalty," says Luther Stueland of Blue Cross Blue Shield of North Dakota.

You can enroll directly through health insurance companies, the Health Care Marketplace, or an agent or broker.

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