Kimberly Raglin
Professor Borum
English 101
October 30, 2017
The Obamacare Penalty:
Is It Really Necessary? The Obamacare Penalty is harsh and unreasonable to put upon the American people. We should not be fined for not providing our own medical coverage. My essay will explore exemptions from this law and discuss in more detail exactly why it should not be imposed on citizens.
Obamacare has interfered with the personal freedom of Americans and placed a hardship on all American’s financial futures. The millennials are going to be the ones that really suffer the most from the imposed Obamacare. It is scary enough just entering into the big world and facing everyday responsibilities and facing financial challenges without being forced to …show more content…
Instead of cost decreases the Obamacare has caused major cost increases. One area the costs have continued to increase is in the Employer-Sponsored market. Family premiums for the employee-sponsored plans have rose almost 32 percent between 2010 and 2016. These statistics were provided by the Kaiser Family Foundation. In regards to the individual market, the new rules and regulations of Obamacare’s Penalties has caused a 99 percent increase in premiums for individuals and a 140 percent increase for families between 2013 and 2017. Deductibles have been effected too and keep rising. The average deductible for a bronze plan in 2017 is $6,092 for an individual and $12,383 for a family. The average silver plan deductible for an individual is $3,572 and $7,474 for a family. Overall Obamacare has caused major increases despite repeated promises of premium …show more content…
The Obama administration will work quickly to set up as many of the law’s new bureaucracies as fast as it can so they can take root before the election. There are many ways to be exempt from the Obamacare Penalty and some of the main ones are as follows:
• You qualify for a hardship exemption
• Your lack of insurance coverage was for three months or less
• Your religion objects to insurance
• You aren’t required to file a tax return because your income is too low
• You are incarcerated
• You are in the U.S. illegally
• You are part of a Native American tribe
It is nice to know there are some exceptions that can keep some citizens of the U.S. from being penalized. The hardship exemption will help a lot of people that suffered some type of misfortune and are as follows:
• Eviction or foreclosure in past six months
• Bankruptcy in the past six months
• Homeless
• Utility company sent you a shut-off notice
• Flood, fire or other disaster causing damage to a home
• Recent victim of domestic violence
• Ineligibility for Medicaid because state didn’t expand Medicaid
• Health insurance was canceled for reasons other than nonpayment of premiums, and the plans offered in the marketplace are
Professor Borum
English 101
October 30, 2017
The Obamacare Penalty:
Is It Really Necessary? The Obamacare Penalty is harsh and unreasonable to put upon the American people. We should not be fined for not providing our own medical coverage. My essay will explore exemptions from this law and discuss in more detail exactly why it should not be imposed on citizens.
Obamacare has interfered with the personal freedom of Americans and placed a hardship on all American’s financial futures. The millennials are going to be the ones that really suffer the most from the imposed Obamacare. It is scary enough just entering into the big world and facing everyday responsibilities and facing financial challenges without being forced to …show more content…
Instead of cost decreases the Obamacare has caused major cost increases. One area the costs have continued to increase is in the Employer-Sponsored market. Family premiums for the employee-sponsored plans have rose almost 32 percent between 2010 and 2016. These statistics were provided by the Kaiser Family Foundation. In regards to the individual market, the new rules and regulations of Obamacare’s Penalties has caused a 99 percent increase in premiums for individuals and a 140 percent increase for families between 2013 and 2017. Deductibles have been effected too and keep rising. The average deductible for a bronze plan in 2017 is $6,092 for an individual and $12,383 for a family. The average silver plan deductible for an individual is $3,572 and $7,474 for a family. Overall Obamacare has caused major increases despite repeated promises of premium …show more content…
The Obama administration will work quickly to set up as many of the law’s new bureaucracies as fast as it can so they can take root before the election. There are many ways to be exempt from the Obamacare Penalty and some of the main ones are as follows:
• You qualify for a hardship exemption
• Your lack of insurance coverage was for three months or less
• Your religion objects to insurance
• You aren’t required to file a tax return because your income is too low
• You are incarcerated
• You are in the U.S. illegally
• You are part of a Native American tribe
It is nice to know there are some exceptions that can keep some citizens of the U.S. from being penalized. The hardship exemption will help a lot of people that suffered some type of misfortune and are as follows:
• Eviction or foreclosure in past six months
• Bankruptcy in the past six months
• Homeless
• Utility company sent you a shut-off notice
• Flood, fire or other disaster causing damage to a home
• Recent victim of domestic violence
• Ineligibility for Medicaid because state didn’t expand Medicaid
• Health insurance was canceled for reasons other than nonpayment of premiums, and the plans offered in the marketplace are