Clarifying the Affordable Care Act’s Requirement to Buy Coverage…
The following chart from the Henry J. Kaiser Foundation makes clear who has to buy health coverage under Obamacare and how much it will cost. I feel it is better to know how this really works than to hear Republicans as they cry that the world will come to an end.
The Requirement to Buy Coverage Under the Affordable Care Act
Along with changes to the health insurance system that guarantee access to coverage to everyone regardless of pre-existing health conditions, the Affordable Care Act includes a requirement that many people be insured or pay a penalty. This simple flowchart illustrates how that requirement (sometimes known as an “individual mandate“) works.
- Time for businesses to push ahead on Affordable Care Act, experts say (thegazette.com)
- My Little Golden Book of the ACA Supreme Court Decision (delong.typepad.com)
- Dan Siegel: Obamacare & Parental Peace of Mind (huffingtonpost.com)
- Readers’ Obamacare questions answered by lawyers in live chat (mlive.com)
- Upholding the Affordable Care Act is a Win for Small Businesses (whitehouse.gov)
Posted on July 2, 2012, in budget, Corporations, Economics, government, Health Care, Internet, Legal, News, Opinion, President Obama, quote, Taxes, Word from Bill and tagged Affordable Care Act, Health Insurance, Individual Mandate, Insurance, Obamacare, Patient Protection and Affordable Care Act, Republicans, United States. Bookmark the permalink. Comments Off on Clarifying the Affordable Care Act’s Requirement to Buy Coverage….