health_care_money_300x225_1.jpgMonday is the final day to sign up for health insurance coverage using the HealthCare.Gov website in order for it to take effect by Jan. 1. The deadline to obtain a health insurance policy is March 31 and individuals who do not get the insurance by that deadline are subject to a penalty from the government.

While the impending deadline looms, the Obama administration Thursday night slipped in a late loophole to help people who have had individual policies canceled. Those who have faced cancellations will be exempt from penalties if they go without insurance next year, the White House said.

People who have had their policy canceled will also be allowed to buy catastrophic coverage, which is generally designed for people under age 30, or those who qualify for a hardship exemption from the requirement to obtain coverage, Georgia Health News reports.

Recently, the administration announced that more than 1 million people had signed up for coverage using the much maligned website. While that number is much higher than previous reports, it is still well below the enrollment numbers the Obama administration had hoped for, reports The Wall Street Journal.

Also On Atlanta Daily World:
comments – Add Yours