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Obama Administration Says No Extension On Health Insurance Deadline

Obama Administration Says No Extension On Health Insurance Deadline
The Obama administration says if you miss the Jan. 31 deadline to buy a health insurance plan, you're out of luck.

No more Mr. Nice Guy.

The Obama administration said this week consumers who miss the Jan. 31 deadline to enroll in a health plan will not get a reprieve.

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The administration gave people a break if they missed the 2015 deadline, as long as they bought health insurance before April 15.

Consumers who don’t get a plan by the end of January 2016 face a tax penalty of up to two percent of household income.

Covered California is hoping to attract up to 450,000 new enrollees by the deadline.

Exchange officials say through the first week of December, more than 85,000 people have selected a plan.

Officials estimate more than 750,000 Californians are eligible for subsidized coverage, but remain uninsured.

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