Mish/ Mike Shedlock – Obamacare Extended Again; No More Extensions, I Promise – 26 March 2014

MishMikeShedlockWant an extension on Obamacare? You got it (again and again and again).

Bloomberg reports Obamacare Deadline Extended for Last-Minute Enrollees.

Americans will get more time to enroll in Obamacare insurance plans if they started the process but were unable to complete it before the March 31 deadline.

“If consumers are in line on the 31st and can’t finish, we won’t shut the door on them,” said Joanne Peters, a spokeswoman for the U.S. Health and Human Services Department, in an e-mail yesterday. Under the health-care law, consumers who aren’t insured by the end of March may have had to pay a penalty of as much as 1 percent of their income.

Officials said yesterday that the federal exchange’s website, healthcare.gov, had more than 1.1 million visitors on March 24, the second most ever. State exchanges also were busy with Washington state enrolling 12,000 people last week while almost 1,200 signed up at the start of the week in Connecticut, officials said.

No More Extensions, I Promise

So when do you have to finish the application and when do you actually have to pay? No one knows, likely including the president. In the meantime, not having a real deadline averts the need for another extension.

Mike “Mish” Shedlock
www.globaleconomicanalysis.blogspot.com / link to original article

Comments are closed.