Tag: increased tax penalty

Covered California is reminding consumers that time is running out to avoid the increased tax penalty for those who do not have health insurance in 2016, and the exchange is encouraging Californians without coverage to explore their options and sign up to avoid a big tax bill. The deadline to sign up for a health insurance plan that starts on Feb. 1 is Friday, Jan. 15. Open enrollment runs through Jan. 31, and anyone signing up between Jan. 16 and Jan. 31 will have their health care coverage start on March 1.