• News
  • Money

New Tax Law Means End of Obamacare's Individual Mandate

New Tax Law Means End of Obamacare's Individual Mandate

"For the mandate to have effect, you have to believe that there are people who, one, don't think they need health insurance; two, don't like what's being offered or the price that it's being offered at [and] would rather not pay it; or, three, are going ahead and buying it anyway because to not buy it they would be penalized", Haislmaier said.

The final number, 96 percent of 2017's 9.2. enrollments, came after a big rush in the final week, when 4.1 million people signed up for plans.

"In a market that is experiencing soaring rates, I am proud of the hard work CMS put into making sure that our customers didn't experience the website failures that were commonplace with healthcare.gov in previous open enrollment periods", Verma added in a written statement.

"This level of enrollment is truly remarkable, especially given the headwinds faced by the program", said Larry Levitt of the nonpartisan Kaiser Family Foundation.

Individuals who aren't insured by their employer or Medicare had until December 15 to sign up for health insurance through the marketplace that was established by the Affordable Care Act, commonly known as Obamacare.

Centers for Medicare and Medicaid Services said Thursday it spent "just over $1 per enrollee on outreach and education for Exchange coverage compared to almost $11 per enrollee previous year".

"We take pride in providing great customer service", she wrote, congratulating her agency on "the smoothest experience for consumers to date". The state extended the enrollment period by one week after initially agreeing to a shortened, 45-day period set by the Trump administration.

In a surprisingly strong show of consumer demand, almost 9 million people signed up for "Obamacare" next year, as government numbers out Thursday proved predictions of its collapse wrong yet again.

"Most of the people who pay the individual mandate tax make less than $50,000 a year - so it's a good tax to repeal when you're writing a tax cut bill", Alexander said.

Obamacare opponents are delighted to see the mandate go away.

People will now have the freedom to make their own choice. That may have boosted enrollment. Still, that has added to the confusion surrounding 2018 coverage.

States that expanded Medicaid coverage to low-income adults as part of ACA provisions saw a large payoff in reducing the number of people skipping care due to cost issues and in improving access to routine care, authors of the Commonwealth Fund report said.

Leave Your Comment

Leave Your Comment


Latest News

  • Four dead after bus ploughs into pedestrian underpass in Moscow

    Four dead after bus ploughs into pedestrian underpass in Moscow

    Monday was a working day in Russian Federation because Orthodox Christmas is celebrated on January 7, according to Reuters . Passengers on-board and people walking on the steps near the Slavyansky Boulevard metro station were killed, police said.
    Charlie Austin charged over Jonas Lossl clash

    Charlie Austin charged over Jonas Lossl clash

    Austin avoided punishment at the time, but could face a retrospective ban from the Football Association. I don't like to say he has done this on objective , but it looks like it".
    Serena to return to court in Abu Dhabi

    Serena to return to court in Abu Dhabi

    Williams, ranked No. 22 in the world, has teased fans of a comeback in recent days. This will also be the first-time women players have played in the Championship.
  • Environment Canada predicts 'perfect Christmas' weather

    Environment Canada predicts 'perfect Christmas' weather

    North and West Vancouver Island, however, can be sure to expect a white Christmas. Rapidly accumulating snow could make travel hard over some locations.
    Eric Garner's activist daughter in coma after heart attack

    Eric Garner's activist daughter in coma after heart attack

    She stood out as truly newsworthy in February when she supported Bernie Sanders for president. "She's fighting", the mom said. The family of Erica Garner confirmed that she suffered a heart attack on December 23 and her condition has not improved.
    Firefighter's home damaged in Christmas Eve fire

    Firefighter's home damaged in Christmas Eve fire

    They discovered heavy fire in the victim's apartment, according to a press release from the state fire marshal's office. At about 8:45 a.m., firefighters extinguished a suspicious residential fire in the 1700 block of Dale Avenue.
  • Woman, 19, killed when auto  crashes into a utility pole

    Woman, 19, killed when auto crashes into a utility pole

    Sanchez said the driver was coming home from a party, where "he had obviously had too much to drink and maybe too much to smoke". Another CHP officer was injured. "Andrew was a great man who loved his job and loved his family" said CHP Captain Tim Pearson.
    Jets lose to Chargers, 14-7

    Jets lose to Chargers, 14-7

    It's not quite as bold when you're 5-9 and playing for nothing, but the surprise onside kick still requires some serious courage. The Chargers opened the scoring with a 3-yard pass from Rivers to Antonio Gates with 8:55 left in the second quarter.
    North Korea calls new United Nations  sanctions an

    North Korea calls new United Nations sanctions an "act of war"

    China, North Korea's long-time partner, played a significant role in the drafting and passage of the recent sanctions. The measures targeted North Korean shipping operations and Chinese companies that trade with Pyongyang.
  • Julian Assange's Twitter account is back, but the mystery remains

    Julian Assange's Twitter account is back, but the mystery remains

    The tweet was subsequently deleted, but you can see a screenshot here. "#JulianAssange has been deleted off of twitter". There was no confirmation that Assange authored the alternative account and it was later suspended by Twitter.
    Of Course Apple Is Getting Sued Over the Old iPhone Throttling Fiasco

    Of Course Apple Is Getting Sued Over the Old iPhone Throttling Fiasco

    Bogdanovich, like a lot of long-time iPhone owners believes this tactic is a ploy by Apple to convince people to buy new phones. Apple has admitted to deliberately slowing down the operation of older phones to avoid them from shutting down unexpectedly.
    Customers sue Apple over slowed iPhones

    Customers sue Apple over slowed iPhones

    Apple rolled out the controversial update with iOS 10.2.1 for the iPhone 6 and SE models and iOS 11.2 for the iPhone 7 models. More recently with the introduction of iOS 11.2.0 similar throttling was discovered for iPhone 7 models with older batteries.
  • 'We say Christmas again very proudly'

    'We say Christmas again very proudly'

    During the conversation Trump thanked the members of the military for their service and their families for the sacrifice.
    Russia's Election Commission Says Navalny Ineligible to Run for President

    Russia's Election Commission Says Navalny Ineligible to Run for President

    The presidential election will take place on March 18, while campaigning officially began on Monday. Putin is widely expected to win re-election, irrespective of whether Navalny is allowed to run.
    Vice apologises for 'boys' club' culture after allegations of sexual harassment

    Vice apologises for 'boys' club' culture after allegations of sexual harassment

    Allegations involved a range of misconduct including sexual and racial comments, propositions for sex and unwanted kissing. Some employees said they understood the contract to be meant to prevent them from complaining about harassment.
  • Odisha Celebrates Christmas with Joy and Fervour

    Odisha Celebrates Christmas with Joy and Fervour

    "Occasions like Christmas remind us to rekindle the spirit of harmony, brotherhood & lead a virtuous life. In Gulmarg's Saint Mary's church, Santa Claus distributed chocolates and candies among the children.
    Israel Welcomes Guatemala's Announcement on Future Embassy Move

    Israel Welcomes Guatemala's Announcement on Future Embassy Move

    No other country has their embassy for Israel in Jerusalem, though the Czech Republic has said it is considering such a move. Despite an global backlash, President Donald Trump recently recognized Jerusalem as the capital of Israel , The Hill noted .
    Jennifer Lawrence Gives Kris Jenner a Hilarious Gift for Christmas

    Jennifer Lawrence Gives Kris Jenner a Hilarious Gift for Christmas

    The actress said, "I've been watching them for 11 years, so I grew up with them, and I know all of them personally". So, the Porsche is a little small for Jenner to actually ride, but it is the flawless size for her grandchildren.

Breaking News



Recommended

Kentucky woman killed, husband injured in Christmas Eve pit bull attack

Investigators with the sheriff's office are warning residents no to engage with the risky animal if they come across it. Sheriff Mitch Williams says anyone seeing the second dog, a brown pit bull, are asked to call law enforcement.

Khloe Kardashian Bares Baby Bump At Family's Annual Christmas Eve Party

The girlfriend of Tristan Thompson was at her mother Kris Jenner's Christmas Eve party in Hidden Hills, California. Kim had her hair relaxed and blonde, parted in the center, while posing with a number of happy party-goers.

Thomas fire becomes largest in California recorded history

In October, a series of fires in wine country burned more than 10,000 homes and killed more than 40 people. Now only a remote wilderness valley is under an evacuation order.

North Korea says United Nations sanctions are an 'act of war'

North Korea on November 29 said it successfully tested a new ICBM that put the U.S. mainland within range of its nuclear weapons. The other was the "testing of a long-range ICBM", the implication being this had been achieved with the most recent launch.

United Nations imposes fresh sanctions on North Korea over ballistic missile tests

China's foreign ministry said it hoped all parties would implement the resolution and urged all sides to exercise restraint. During a series of conversations with troops, the topic of North Korea was mentioned, the Associated Press reported .

Liverpool 'under pressure' in Champions League race - Jurgen Klopp

McAllister is a firm fan of the Egyptian and sees shades of Barcelona great Messi in how Salah moves the ball at his feet. Alexis Sanchez pulled one back on 53 minutes before Granit Xhaka equalised with a long range goal.

Real Housewives star Luann de Lesseps arrested

Born in CT , she earned the title of "Countess" when she Wednesday French Count Alexandre de Lesseps in 1993. De Lessep's will likely return home to New York City, and has not yet spoken publicly about the incident.

Executive Order Allows for Pre-Payment of Next Year's Property Taxes

It's suggested for people to stop by in person to pay the bill, with a request to date the check for December 30, 2017. But under the tax legislation President Donald Trump signed into law Friday, there's a $10,000 cap on the deductions.

Charles Dutoit releases statement denying sexual assault claims

The conductor went on to say that he was now taking legal advice and planning to "defend himself". Recently, symphonies in Boston, San Francisco and Sydney had severed ties with Dutoit.

Someone Sent Steve Mnchuin A Box Of Poop For Christmas

Representatives for the Treasury Department did not immediately respond to requests for comment Sunday morning. A bomb squad was called in but after discovering the manure, they ruled it was not a threat to anyone's safety.