Enrollment for the Affordable Healthcare Act. (ACA)

The yearly period when people can enroll in a health insurance plan for coverage in 2016 began on November 1, 2015 and will run through January 31, 2016. People may qualify for Special Enrollment Periods allowing them to enroll outside of Open Enrollment if they have certain life events, like getting married, having a baby or losing other coverage.

THE FEE IF YOU DON'T HAVE COVERAGE IN 2016

If you don't have coverage in 2016, you may have to pay a fee. The fee is higher in 2016 than it was in 2015.

If you don't have health insurance in 2016 you'll pay the higher of these two amounts:

2.5% of your yearly household income {Only the amount of income above the tax filing threshold, about $10,150 for an individual in 2014, is used to calculate the penalty. The maximum penalty is the national average premium for a Bronze plan}.

$695.00 per person {$347.50 per child under 18} The maximum penalty per family using this method is $2,085.

IMPORTANT DATES FOR 2016 ENROLLMENT

November 1, 2015: Open Enrollment starts - first day you can enroll in a 2016 insurance plan through the Health Insurance Marketplace. Coverage can start as soon as January 1, 2016

December 15, 2015: Last to enroll in or change plans for new coverage to start January 1, 2016

January 1, 2016: 2016 coverage starts for those who enroll or change plans by December 15, 2015.

January 15, 2016: Last day to enroll in or change plans for new coverage to start February 1, 2016.

January 31, 2016: 2016 Open Enrollment ends. Enrollment or changes between January 16 and January 31 take effect March 1, 2016