Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

Obamacare 101: Why the real deadline is Feb. 15

Your article was successfully shared with the contacts you provided.

The uninsured have until March 31 to be covered before they have to pay a fine despite other deadlines and misconceptions that cloud the air about the Patient Protection and Affordable Care Act. The extra time is based on a provision in the law that allows Americans to be uninsured for up to three months without being penalized. This means, in order to be fully covered, individuals would need to sign up at the latest by Feb. 15 in order to be enrolled by March 1 as coverage starts on the first of the month.