Obamacare Plan Better Deal than Mandate Tax for Many Uninsured

Photo

More than half of the 10.7 million Americans who are uninsured and eligible for an Obamacare plan could pay less in premiums than what they would owe under the “individual mandate” tax for shirking coverage, nonpartisan policy analysts said Thursday.

The Kaiser Family Foundation said roughly 40 percent of those 5.8 million people could find a low-tier bronze plan for no cost at all, due to taxpayer-funded subsidies built into the health care law.

Among the customers who don’t qualify for subsidies, only a tiny fraction would be better off — in purely financial terms — paying the tax than seeking coverage, analysts found.

The individual mandate is …

Read More On The Washington Times