Eight million people signed up for health insurance under the Affordable Care Act’s six-month enrollment period, but many Americans remain voluntarily uninsured, according to a recent article in The New York Times.
Cost is a major factor for people who have decided to stay uninsured despite the law’s requirement that most Americans get coverage this year or pay an income tax penalty of $95 or more.
Many people either do not qualify for federal subsidies or believe that the assistance is not enough to make insurance affordable, according to experts. Other facts for not enrolling include objections to the government’s requiring it and feelings by some people that they simply do not need it.
People who have gone without health insurance or major illness for years can be especially resistant to investing in coverage, according to enrollment counselors. These people represent the next challenge for the Obama administration as it struggles to reduce the ranks of the uninsured and broaden support for the president’s signature health care law. Read the full details here:
Despite Healthcare Reform, many Americans voluntarily choose to forgo health insurance. The lack of coverage for many Americans, as well as the costs associated with the uncovered, are straining the healthcare system and the debt of our country.
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