Wednesday 21 January 2015

Americans With No Health Insurance Could be Shocked by the Obamacare Penalties

Many Americans who did not enroll for health insurance last year could end up paying more than the (Dollar) 95 as penalty. Under the Affordable Care Act all those who did not qualify for one of the exemptions would pay a minimum of (Dollar) 95 but for the upper and middle income families - 1% of the household income as their penalty would equate to much more. TurboTax, an online tax service, estimated that the average penalty for lacking health insurance in 2014 would be (Dollar) 301. "People ...

via Medindia Health News More READ

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