Monday, March 23, 2015

    The Best Laid Plans [Updated]

    From the "No D'unh!" Department:

    "A special enrollment period to obtain health insurance for millions of uninsured people who owe a tax penalty under the Affordable Care Act is off to a slow start ... Only 12% of uninsured people would buy policies if informed of the penalty"

    In other words, a lot of folks with even rudimentary math skills have figured out that paying the fine penalty tax and "going bare" is a much more cost-effective choice than buying coverage.

    No kidding.

    UPDATE: Rubbing salt in the ObamaTax wound, we also learn that (surprise!), the overall enrollment picture ain't exactly rosy:

    "Of the 8 million people who signed up for a marketplace plan last year, 6.7 million actually enrolled"

    Shocker.

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