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ACA Tax Warnings Issued Days Before Coverage Deadline

With days left to sign up, the Obama administration began to spotlight the penalty some Americans could pay for failing to get health insurance under Obamacare this year.

Typically, the administration focuses on the benefits of coverage without resorting to more serious, pocketbook messaging.

But the latest email blasts to customers with HealthCare.gov accounts warn users to “get covered or risk paying a fee.”

The hit will come in two forms, the notice says: paying out of pocket for regular and unexpected medical expanses, and the tax penalty nonexempt people must pay under the Affordable Care Act’s individual mandate.

Read the full article here.

Contact Steven G. Cosby, MHSA with questions or to request more information and to schedule a healthcare plan evaluation, savings analysis or group plan solution for your company.

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