Big of him. And the rest of the Democratic party. And by ‘big of him’ I mean… something unprintable.
The Obama administration will not require the millions of Americans who received health-insurance plan cancellation notices to purchase a new policy next year.
They’re granting those consumers an exemption from the Affordable Care Act’s individual mandate, a Department of Heath and Human Services spokeswoman confirmed. The mandate requires everyone to have health insurance or face a tax penalty, the greater of $95 or 1 percent of income in 2014.
The administration will also allow those consumers to sign up for catastrophic coverage. Those bare-bones plans are available to people who are under 30 or qualify for a “hardship exemption.”
First, do no harm. It’s amazing how many bad policies could be averted if our politicians simply understood that statement, in their bones. Continue reading So. @barackobama took away your plan, but now won’t fine you for not having one.