 |
|
Lets hope these hit before the election.
Posted on: September 21, 2016 at 08:30:11 CT
GA Tiger MU
Posts:
252553
Member For:
26.43 yrs
Level:
User
M.O.B. Votes:
0
Thanks demlibs. You ****ing idiots.
ObamaCare Individual Mandate Fine Hit 8 Million People This Year
Roughly 8 million people faced ObamaCare individual mandate penalties this year totaling more than $3 billion, an analysis of the latest IRS data reveals.
Despite the controversy and high-stakes legal battle that has surrounded the individual mandate, the scope of the penalties paid this year has gone unreported by major news outlets as attention has focused on ObamaCare's latest and most glaring problems: weak enrollment, surging premiums, and insurer losses that have provoked the exit of UnitedHealth (UNH), Aetna (AET) and Humana (HUM) from most state exchanges.
Yet ObamaCare's mounting problems should only serve to intensify questions about the wisdom and fairness of the individual mandate. The root of all of those ObamaCare problems is that far too many people — even those eligible for big subsidies — see the plans as either unaffordable or such a bad deal that they're willing to risk paying a fine.
Another reason for the lack of coverage may be that IRS Commissioner John Koskinen issued two ObamaCare reports to Congress on the extent of penalties paid last year, including one in July 2015, but has been silent about this year's mandate fines.
Yet the IRS Taxpayer Advocate Service included some preliminary statistics on 2016 ObamaCare mandate payments, officially called the Individual Shared Responsibility Payment, when it issued its below-the-radar annual tax season review on July 7. As of April 30, 5.6 million tax returns included mandate payments averaging $442 per return, compared with 6.6 million tax forms including average payments of $190 at the same point in 2015.
ObamaCare Individual Mandate Fine Hit 8 Million People This Year
Roughly 8 million people faced ObamaCare individual mandate penalties this year totaling more than $3 billion, an analysis of the latest IRS data reveals.
Despite the controversy and high-stakes legal battle that has surrounded the individual mandate, the scope of the penalties paid this year has gone unreported by major news outlets as attention has focused on ObamaCare's latest and most glaring problems: weak enrollment, surging premiums, and insurer losses that have provoked the exit of UnitedHealth (UNH), Aetna (AET) and Humana (HUM) from most state exchanges.
Yet ObamaCare's mounting problems should only serve to intensify questions about the wisdom and fairness of the individual mandate. The root of all of those ObamaCare problems is that far too many people — even those eligible for big subsidies — see the plans as either unaffordable or such a bad deal that they're willing to risk paying a fine.
Another reason for the lack of coverage may be that IRS Commissioner John Koskinen issued two ObamaCare reports to Congress on the extent of penalties paid last year, including one in July 2015, but has been silent about this year's mandate fines.
Yet the IRS Taxpayer Advocate Service included some preliminary statistics on 2016 ObamaCare mandate payments, officially called the Individual Shared Responsibility Payment, when it issued its below-the-radar annual tax season review on July 7. As of April 30, 5.6 million tax returns included mandate payments averaging $442 per return, compared with 6.6 million tax forms including average payments of $190 at the same point in 2015.
Please explain why this message is being reported.
MESSAGE THREAD
Lets hope these hit before the election. - GA Tiger MU - 9/21 08:30:11