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Being uninsured in America will cost you more

Timing will be critical for uninsured people who want to avoid the rising penalties for 2015 , because Feb. 15 is the last day of open enrollment under the health law. After that, only people with special circumstances can sign up. But just 5 percent of uninsured people know the correct deadline, according to the Kaiser poll.

Ryan Moon of Des Moines expects to pay a $95 fine when he files his taxes because he had no health insurance in 2014.  

Ryan Moon of Des Moines expects to pay a $95 fine when he files his taxes because he had no health insurance in 2014.
 

By RICARDO ALONSO-ZALDIVAR
Associated Press, Dec 29, 2014

WASHINGTON — Being uninsured in America will cost you more in 2015.

It’s the first year all taxpayers have to report to the Internal Revenue Service whether they had health insurance for the previous year, as required under President Obama’s law. Those who were uninsured face fines, unless they qualify for one of about 30 exemptions, most of which involve financial hardships.

Dayna Dayson of Phoenix estimates that she will have to pay the taxman $290 when she files her federal return. Dayson, who is in her early 30s, works in marketing and does not have a lot left over each month after housing, transportation, and other fixed costs. She would like health insurance but she could not afford it in 2014, as required by the law.

‘‘It’s touted as this amazing thing, but right now, for me, it doesn’t fit into my budget,’’ she said.

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