For Millions, Paying Penalty For Not Having Coverage Is Lesser Of Two Evils
Many Americans are choosing to pay the fine, which is low in relation to what their premiums would be.
The New York Times:
Health Law Tax Penalty? I’ll Take It, Millions Say
The architects of the Affordable Care Act thought they had a blunt instrument to force people — even young and healthy ones — to buy insurance through the law’s online marketplaces: a tax penalty for those who remain uninsured. It has not worked all that well, and that is at least partly to blame for soaring premiums next year on some of the health law’s insurance exchanges. (Pear, 10/26)
The Washington Post:
Confused By Obamacare? Here Are Answers To Key Questions.
Four years ago, when President Obama predicted that the Affordable Care Act would result in lower health-insurance premiums, we gave him Three Pinocchios. The “Obamacare” law had not been fully implemented yet, but we reviewed nearly 10 reports from states across the country on the potential impact of the law and concluded the law’s provisions “will almost certainly increase premiums, though tax subsidies will help mitigate the impact for a little over half of the people in the exchanges.” (Kessler, 10/27)
Los Angeles Times:
Hillary Clinton Promises To 'Fix' Obamacare Rate Hikes, But That's Unlikely With A GOP-Held House
Hillary Clinton promised to fix problems with Obamacare that led to average rate hikes of 25% next year for mid-level health plans before subsidies. But a quick fix, or any fix, seems unlikely given that it would probably require congressional action. (Bierman, 10/26)