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This article is not to take sides in the Affordable Health Care Act 2010, just to give you the facts in simple language. The Affordable Health Care Act was passed into law in 2010, the law goes in to effect on January 1, 2014. The open enrollment times will start on October 1st and go through March 31,2014, there will be special election dates that you will be able to enroll; those are getting married, adding a dependent, change of job, and moving out of the service area.

 

The fines that can be assets on your 2014 IRS tax form if you leave the block on the form to insert your Health Care Policy Number, failure to do this will result in a penalty of 1% or $95.00 whichever is greater. This means if you $50,000 in gross income you will have a $500.00 fine for not having…

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