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"


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