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Sign-up deadline arrives for new health insurance law

Posted by wlpo on March 31, 2014

CHICAGO (AP) – State officials are making a final push to enroll people in the state’s Health Insurance Marketplace.

If you don’t already have health insurance you must sign up by midnight Monday or face federal tax penalties under the Affordable Care Act. After tonight only people with limited special circumstances will be able to get coverage that meets the federal law’s requirements. Those without insurance can be fined either 1 percent of their income or $95, whichever is greater, when filing 2014 federal taxes.

The new health care law prohibits insurance companies from denying coverage to people with pre-existing health conditions or from dropping those who develop expensive health problems.

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