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Millions of Uninsured Americans Exempt from ObamaCare Penalities

Thursday, August 7, 2014 | Worthy News / US News

Enrollment in California's healthcare program for the poor has soared as the state implements President Obama's federal overhaul, pleasing advocates who have sought expanded coverage but also presenting new costs for the state -- a total of $1.2 billion more than originally thought.
Enrollment in California's healthcare program for the poor has soared as the state implements President Obama's federal overhaul, pleasing advocates who have sought expanded coverage but also presenting new costs for the state -- a total of $1.2 billion more than originally thought.

WASHINGTON D.C. (Worthy News)-- A new congressional report has estimated that more than 25 million Americans without health insurance will not be made to pay a penalty in 2016 due to an exploding number of ObamaCare exemptions, Fox News reported.

The Wall Street Journal, citing an analysis by the Congressional Budget Office and the Joint Committee on Taxation, reported that the number of people expected to pay the fine in 2016 has dwindled to four million people from the report's previous projection of six million. Approximately 30 million Americans are believed to be without health insurance.

The latest report is likely to spark fresh concerns among insurers, who have maintained that the number of exemptions to the law's individual mandate are resulting in fewer young, healthy people signing up for health insurance. An insurance pool skewed toward older, comparatively unhealthy people is likely to result in premiums rising. -- Source

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Worthy Christian News » US News » Millions of Uninsured Americans Exempt from ObamaCare Penalities

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