Consumers doing last-minute shopping for health insurance now have one more day. The Associated Press reports the federal government has added a one-day grace period to sign up for health insurance under the Affordable Care Act to ensure coverage before Jan. 1. The deadline is now December 24th.
For you last-minute shoppers, only a few hours remain before the deadline to sign up on healthcare.gov for an insurance policy that will take effect Jan. 1. You have to enroll in a plan by Monday to have coverage starting at the beginning of 2014. Health insurers have agreed to take payment for that coverage until Jan. 10. Remember that you have until March 31 to obtain a policy before you’re subject to paying a penalty for not having coverage.