Obama team to clarify healthcare penalties

The Obama administration is seeking to clarify penalty rules for people who delay signing up for coverage under the new health care law. Simply put: People who wait until the end of the initial enrollment period — March 31 — will not be penalized. The Obama administration is preparing legal guidance to address a confusion of dates in the law, which says people must sign up by the 15th of one month to receive coverage on the first of the next month.