The Obama administration announced its plans to extend enrollment for health insurance under Obamacare after next week’s deadline.

The extension applies to those who declared that they started the process before the end of the month. 

From Los Angeles Times:

Officials said they were making the move now in anticipation of a last-minute rush of consumers seeking health insurance ahead of the March 31 deadline. On Monday, more than 1.1 million people visited HealthCare.gov, the second-largest traffic day on the site, the White House said.

Consumer advocates have been urging the administration to provide additional time to prevent people being shut out of coverage because of last-minute problems. But officials repeatedly had said they would not waive the March 31 deadline. They continued to say Tuesday that the new extension for some consumers did not contradict that.

Read more at Los Angeles Times

Under the Affordable Care Act, popularly known as Obamacare, those who do not have health insurance for more than three months this year could incur a tax penalty for 2014.

Just how much extra time granted to consumers by the administration remains uncertain.

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Is it the way to go to protect Americans from incurring large amounts of debt?

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