Posted on 08/07/2014 5:05:13 PM PDT by markomalley
Broad exemptions to Obamacare's individual mandate, including one added secretly last year, make the mandate a paper tiger. In June the CBO confirmed this by raising its estimate of the number of people who could claim an exemption and sharply dropping its estimate of the number of people who will pay a penalty.
The Wall Street Journal reports, "almost 90% of the nation's 30 million uninsured won't pay a penalty under the Affordable Care Act in 2016." In 2012 CBO said 18 million could qualify for exemptions. This year CBO said that number was 23 million. As for those who will wind up paying a penalty for non-compliance, CBO originally estimated 6 million people would pay. This year they dropped that estimate to 4 million people.
The individual mandate has long been viewed by supporters of the law as one key to making the math work out. It requires younger, healthier people who often go without insurance to buy a plan at an artificially high price. Because those people won't utilize the services they pay for as often, they help subsidize the cost of insuring older, sicker individuals. Without the mandate in place, Obamacare could face a death spiral of increasing rates and fewer people signing up.
Initially there were 12 exemptions to the mandate, most of which were fairly targeted. But last December HHS added two more exemptions. One of those, an exemption for people whose insurance had been cancelled as a result of new Obamacare regulations, was highly publicized at the time.
(Excerpt) Read more at breitbart.com ...
Can we start blaming Hussein yet?
Bad cut?
Exempt from ObamaCare?
See you at the E.R.
Just like BEFORE ObamaCare!
So - we spent $100 billion, we completely destroyed our old medical system, and now we are right back at the same place?
Gee, that would be too bad.
Actually, that is exactly what nobama wants. Obamacare is nothing more than a damned expensive bridge to single payer.
See tag line.
HIL-LAR-EEEE HIL-LAR-EEEEE HIL-LAR-EEEEEEEE!!!!!!!
Everyone is good to go, to avoid any and all potential penalties for non-compliance!
Especially if you live in one of the 36 states who did not set up state exchanges.
Do you really think Republican and Independent women voters would vote for Hillary Clinton for POTUS simply because she is female?
ROTFLMAO!
All Democrats would vote for her, certainly.
Male and Female alike.That’s not in doubt, were she to be nominated.
Everyone else?
Not so much.Not at all.
Why doesn’t every company and organization that DOESN’T have an exemption just exempt themselves and say “Well, they did it first.”
No it won't. They will resort to rationing healthcare to make the costs even out - just like every other country with socialized medicine. Then they'll start reminding us incessantly that we have the best healthcare system in the world. The British government does that and the people believe it.
I called our water company and asked, "If I don't pay my bill, how long until a shut-off notice is issued?"
Answer: "It will be on the next bill."
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