As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:
The Trump administration just quietly made it possible to escape having to pay the Obamacare fine imposed for not having health insurance in 2018, potentially saving millions of families hundreds or even thousands of dollars in penalties.
When congressional Republicans passed tax reform inDecember, they gutted the provision of the Affordable Care Act mandating uninsured Americans pay a fee for not having “qualifying” health insurance. Although this important decision will provide tax relief to millions of people forced to pay a fine for not being enrolled in a health insurance plan the government approves of, a completely ridiculous mandate that greatly limits freedom, the new policy does not go into effect until 2019, which means families are still required to have health insurance this year to avoid paying the penalty.
The article goes on to state the following:
The Affordable Care Act allows for people who do not have qualifying health insurance to escape paying the penalty if they apply for at least one of a few available “hardship exemptions.” Perhaps the most common exemption allows people to escape the penalty if they “experienced financial or domestic circumstances, including an unexpected natural or human-caused event, such that … [they had] a significant, unexpected increase in essential expenses that prevented [them] from obtaining coverage under a qualified health plan.”
Earlier in April, the Trump administration’s Centers for Medicare and Medicaid Services issued a new guidance expanding the allowed exemptions to include four new qualifying circumstances: (1) living in a region where there is just one health insurer selling plans in an Obamacare marketplace, (2) living in a region where there are no plans sold on an Obamacare exchange, (3) the lack of availability of a plan that doesn’t include coverage for abortion, and (4) when a person is unable to find a plan on the Obamacare exchange that covers the “specialty care” needed.
CLICK HERE to read the entire report.
To weigh in on this information provided by WASHINGTONEXAMINER.COM, engage in our LIVE CHAT below. Scroll down.
For more on this story, click the "read more" button below.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.