Tag Archive: Individual mandate


Administration Faces Backlash Over New ObamaCare Exemptions

 

 

 

” The Obama administration, in an 11th-hour change, announced significant exemptions for people who recently lost their insurance coverage and are struggling to get a new plan — drawing immediate criticism from the insurance industry and Republican lawmakers. 

  Health and Human Services Secretary Kathleen Sebelius confirmed the changes, which include letting those individuals skirt the law’s individual mandate, in a letter to senators. She said she would allow people who got cancellations and could not find affordable new coverage to qualify for a “hardship exemption” in order to avoid a penalty next year for not having insurance. 

  Further, she announced that those individuals will be able to purchase bare-bones plans that until now were available only for people under 30. 

  The move, though, to allow potentially hundreds of thousands of people to sign up for “catastrophic” coverage plans was criticized by the insurance industry as a shift that would cause “tremendous instability.” “

 

Illustration by Gary Varvel

 

 

 

 

 

 

 

 

Obamacare: Taxpayers Must Report Personal Health ID Info To IRS

 

 

 

” So why will the Obama IRS require your personal identifying health information? 

Simply put, there is no way for the IRS to enforce Obamacare’s individual mandate without such an invasive reporting scheme.  Every January, health insurance companies across America will send out tax documents to each insured individual.  This tax document—a copy of which will be furnished to the IRS—must contain sufficient information for taxpayers to prove that they purchased qualifying health insurance under Obamacare.

This new tax information document must, at a minimum, contain: the name and health insurance identification number of the taxpayer; the name and tax identification number of the health insurance company; the number of months the taxpayer was covered by this insurance plan; and whether or not the plan was purchased in one of Obamacare’s “exchanges.” “