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Health Care Reform Penalty for No Health Insurance

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Uploaded by on Oct 6, 2009

More on Health Care Reform and the penalties for those with no health insurance

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  • At the time of my first post that piece of legislation was not included in the portion of the bill that had passed. It is now a part of the bill via the final measure that was approved (220 vs 207) on March 25th 2010.

    The fine is a little over $600 or 2.5%, whichever is greater.

    Consider that right now roughly $1000 of most American familys State taxes go to paying for ER treatment of uninsured people. Now 95% of all people will have access to family doctors, which means less ER abusers.

  • The final draft of the bill does not contain penalty or files for not having the coverage. So... this is moot.

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