For Some, Obamacare Does Not Seem So Affordable
Source: CBS News
The third year of open enrollment for health insurance under the Affordable Care Act began this week. Premiums are up and some people have decided they are not so affordable.
Lisa Patton turns 26 years old this month. That means, she will lose coverage under her parents health insurance. But she doesn’t want to pay up to $250 a month for a plan under Obamacare.
“Being a graduate student and living in D.C., and kind of barely making ends meet now, it’s just hard to factor in the cost of an extra bill,” she said.
There are 10.5 million uninsured Americans eligible for coverage under the Affordable Care Act, but the Obama administration expects only a quarter will sign up this year, even though those who don’t could pay a higher penalty in their taxes.
When it’s pointed out that she will face a $700 penalty if she doesn’t sign up, Patton responded: “I actually didn’t know the penalty was that high.”
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For Some Obamacare Does Not Seem So Affordable _ John & Rusty Report
Author: Ross Rogers
