Average Obamacare Penalty to Rise by 47% in 2016

Kaiser Family Foundation 12/9/15 Newsletter: “A new analysis from the Kaiser Family Foundation finds that among uninsured people who are eligible for an Affordable Care Act marketplace plan, the average penalty for remaining without coverage in 2016 would be $969 per household – 47 percent higher than the 2015 estimated average of $661.”

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“The new analysis finds a bronze plan would cost $0 in premiums or less money than the individual mandate penalty for about 3.5 million uninsured people eligible for ACA marketplace plans, due to premium subsidies. The subsidies are available to low- and middle-income households to defray the costs of premiums in ACA marketplaces.”

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