Keith Hennessey
Now that the Supreme Court has upheld the constitutionality of the Affordable Care Act, who will pay the tax for not having health insurance?CBO answered this in April 2010. They projected that in 2016, when the mandate is in effect and the tax is fully phased in, there will still be 21 million uninsured people. Â This belies the advertised "universal coverage" label.Oversimplifying a bit, for most people the tax in 2016 will be $750 per adult and $375 per kid.But while 21 million people will be uninsured, CBO said "the majority of them will not be subject to...
Now that the Supreme Court has upheld the constitutionality of the Affordable Care Act, who will pay the tax for not having health insurance?CBO answered this in April 2010. They projected that in 2016, when the mandate is in effect and the tax is fully phased in, there will still be 21 million uninsured people. Â This belies the advertised "universal coverage" label.Oversimplifying a bit, for most people the tax in 2016 will be $750 per adult and $375 per kid.But while 21 million people will be uninsured, CBO said "the majority of them will not be subject to...
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