With the February 16, 2015 deadline to sign up for Obamacare drawing near, BlueCross BlueShield sent a mass mailer to their customers warning them what happens if they go insured.

“When you don’t have health insurance … you put your financial security at risk,” the mailer states. “That’s because under the new Affordable Care Act legislation, millions of Americans will have to pay an increased penalty tax of at least 2 percent of their income in 2015 if they go uninsured.”

The “good news,” the letter said, is that CareFirst BlueCross BlueShield has “solutions” to help people avoid the penalty, including coverage that is “compatible with financial assistance or free money from the government that will help qualifying individuals pay for insurance.”

If you want to know what a “penalty tax” is, ask the Chief.