Californians Must Have Health Insurance This Year or Be Fined

Covered California Executive Director Peter Lee speaks during a press conference regarding the number of new healthcare enrollees through CoveredCA.com, the health insurance exchange for the state of California, in Sacramento, Calif., on Nov. 13, 2013. Photo by Max Whittaker/Getty Images

According to a new California law, all tax households in the state will have to buy health insurance by March 31 or be fined.

Last June, California Governor Gavin Newsom signed into law SB 78, stating that people would need to be enrolled in and maintain the minimum essential health care coverage for each month starting January 1, 2020.