What is the Continuous Coverage Penalty on Health Insurance?

What is the Continuous Coverage Penalty on Health Insurance?

The Affordable Care Act’s tax penalty for people who opt out of health insurance is one of the most loathed parts of the law, so it is no surprise that Republicans are keen to abolish it. But the penalty, called the individual mandate, plays a vital function: nudging healthy people into the insurance markets where their premiums help pay for the cost of care for the sick. That has required Republican lawmakers to come up…

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Worried About Changes to the ACA?

Worried About Changes to the ACA?

Worried About Changes to the ACA? So Are the Top State Insurance Commissioners The first rollout of the Trump administration’s bill to repeal the Affordable Care Act won’t pass muster, at least according to the GOP commissioner in charge of state health regulation. “It ultimately will not be, in my opinion, the proposal that eventually passes – if something passes,” said Maryland Insurance Commissioner Al Redmer Jr. to a  conference hosted by America’s Health Insurance…

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