PENALTIES FOR BEING UNINSURED UNDER ACA

The Congressional Budget Office (CBO) released Payments of Penalties for Being Uninsured Under the Affordable Care Act: 2014 Update. It estimates 4 million will pay a penalty because they are not insured by 2016. This is out of 30 million non-elderly residents estimated to be uninsured in 2016. 23 million of them qualify for an exemption. Alexandra Minicozzi and Sarah Masi prepared the two-page report posted by the CBO on June 5, 2014. Several media covered the report in early August. LEARN MORE 

Posted on August 8, 2014 .