View Single Post
 
Old 02-18-2015, 06:43 PM
Guest
n/a
 
Posts: n/a
Default

I understand that it is a pretty safe bet that the WH will indeed grant this exception. Other sites are reporting that democrats in congress got their ears and this will happen to prevent a lot of shock...

"Hypocrisy: If ObamaCare is so great, why do Democrats repeatedly try to hide its more unpleasant features? The latest example is their desperate effort to grant still more exemptions to the law's individual mandate.
This week, three House Democrats who helped usher ObamaCare through that chamber — Sander Levin, Jim McDermott, and Lloyd Doggett — sent a plea to the White House, asking it to grant the uninsured another chance to enroll.
Their concern: Millions who are about to file taxes will learn they owe a penalty — sorry, "shared responsibility payment" — for not having coverage.
At the same time, they'll be out of luck getting coverage this year, since open enrollment is already closed. Which means they will owe a far bigger penalty next year, when it more than doubles.
"Without a special enrollment period, many people (who will be paying fines) will not have another opportunity to get coverage this year," the Democrats said in a statement.
Boo hoo.
When ObamaCare was put together, these same Democrats insisted that the law would only work if everyone were required to buy insurance.
That's because ObamaCare bans insurance companies from denying the sick coverage or charging them more, thereby encouraging people to wait until after they get sick to buy insurance. As in states that had already tried these reforms, the result would be a death spiral of rising premiums.



Read More At Investor's Business Daily: Democrats Keep Running Away From ObamaCare - Investors.com
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

I am pretty sure that you can apply for an exemption for this however.