Kodiak Daily Mirror - Deadlines loom for Obamacare PFDs
Deadlines loom for Obamacare, PFDs
by By Peter Mladineo/For the MIrror
Mar 31, 2014 | 93 views | 0 0 comments | 13 13 recommendations | email to a friend | print
Deadlines to buy a healthcare plan under Obamacare and to file for the 2014 PFD happen on Monday, with penalties looming for the uninsured and state payouts for on-time filers targeted for Oct. 2.

On March 31, under the Federal Affordable Care Act, also known as Obamacare, open enrollment ends for 2014 to purchase a plan in the health insurance marketplace. With a few exceptions, most people will have to show that they have health insurance on next year’s tax forms or pay a penalty.

The penalty for not having health insurance will go up every year. It is determined one or two ways, either 1 percent of your annual income or $95 per person, whichever is higher. Next year, the fee increases to 2 percent of your income or $325 per person. For 2016 it’s 2.5 percent of income or $695 per person. Thereafter it is adjusted for inflation, the federal government website healthcare.gov said.

The exceptions to the March 31 deadline are few: Those with a “qualifying life event,” such as moving to a new state, losing one’s job or health insurance, getting married, getting divorced, or having a baby would receive an extra 60 days to obtain coverage.

After Monday, enrollment for acquiring insurance for 2015 without paying a penalty begins again on Nov. 15.

March 31 is also the last day Alaskans can file their Alaska Permanent Fund Dividend (PFD) applications online, a state PFD website says.

Because of the Seward’s Day state holiday, state offices are closed on Monday. Therefore, the only way to get an application in on time is to file it electronically. See pfd.alaska.gov for details.

You do not need to submit a signature page or eSignature by the deadline, the state government said on its website.

Dividends for 2014 that are in eligible status on Sept. 19, 2014 will be distributed Oct. 2, 2014, the website added.

Contact the Daily Mirror newsroom at editor@kodiakdailymirror.com.

Comments-icon Post a Comment
No Comments Yet
The Kodiak Daily Mirror encourages a lively exchange of ideas regarding topics in the news. Users are solely responsible for the content. Please keep it clean, respect others and use the 'report abuse' link when necessary. Read our full user's agreement.
Search Our Marketplace
or Search by category