News

Didn’t Sign Up for Health Care? Prepare to Open Your Wallet

Didn’t Sign Up for Health Care? Prepare to Open Your Wallet

Photo: Newsradio WTAX

If you didn’t make Monday’s deadline to sign up for the Affordable Care Act, be prepared to open your wallet next tax season.  Central Illinois coordinator for Get Covered Illinois Amanda Kozar explains the dollars and cents.

“If someone didn’t sign up, they may face a penalty of 1-percent of their income or $95, whichever is higher” says Kozar.

Kozar adds the penalties will increase next year and those dollars will come directly out of any expected tax refund.  The next open enrollment starts in November with coverage beginning January 2015.

The Obama administration says despite early technical glitches, the roll-out went well and the number of those who enrolled met their target.

Recent Headlines

in Local

Survey: Teachers Still Spend Plenty of Money Out of Pocket

Fresh
8-31-15 Horace Mann Survey

A new study by Horace Mann insurance suggests teachers spend a lot of their own money on supplies for their classrooms.

in Local

UIS-Led Survey Examines Issues for Transgendered People

Fresh
UIS logo

A national survey conducted by the University of Illinois-Springfield shows positive attitudes towards the rights of transgendered people.

in Local

Lawmaker: Cut Tax Breaks, Close DCEO

Fresh
jack franks

State Rep. Jack Franks will propose closing tax loopholes and eliminating what he considers to be unfair credits for businesses.

in Local

Combination-Locked Pill Bottles Now Law

Fresh
med bottle lock

Illinois is the first state providing for a combination lock on a prescription pill bottle.

in Local

Moody’s Issues Warning About State Credit Rating

Fresh
Budget Cuts

Moody's: reach a budget agreement by late September.