Well, this sounds awkward. As you probably already know, people who don’t get Obamacare-approved insurance have to pay a tax. In fact, the tax is supposed to be what gets people to buy Obamacare-approved insurance. And how is it working out? Well…
Major tax-preparation firms say many customers are paying the penalty and not getting health insurance. It is still early, since the special enrollment period launched Sunday, but research also suggests that many people who lack health insurance will pay the penalty and not get covered this year.
Only 12% of uninsured people would buy policies if informed of the penalty, according to a survey of 3,000 adults polled through Feb. 24 by McKinsey & Co.’s Center for U.S. Health System Reform.
Continue reading Uninsured continue to do basic Obamacare tax math.