Most Uninsured Escape Obamacare Penalty

The Hill: “Nearly three in four people who lacked health insurance last year were exempt from the penalty under ObamaCare, according to data from the tax-filing software TurboTax.”

“A total of 70 percent of people filed an exemption to ObamaCare’s individual mandate, about the same figure as last year, according to TurboTax.”

“The two most common exemptions were related to the cost of coverage. Many people without coverage said they couldn’t afford healthcare plans in their area or couldn’t afford plans through their workplace.”

“The other common exemptions were related to a recent eviction or the death of a family member.”

“The number of people seeking cost-related exemptions poses a challenge to the Obama administration, which has made affordability a central part of its strategy to reduce the uninsured.” If you’re interested in using TurboTax, check out this TurboTax promo code to save some money.

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