Monday, December 07, 2015

Critics: Even sky high Obamacare fines won't get people to sign up

The Washington Examiner reports:
The piece of Obamacare designed to make the entire law work is scheduled to reach full strength starting next year, when the penalty for remaining uninsured will increase for a third and final time.

But even when the fine reaches its steepest point, it's not clear how effective it will be in prodding roughly 30 million Americans lacking health coverage to actually buy plans.

"People are smart about this stuff," said Joel White, president of the Council for Affordable Health Coverage. "If I'm going to pay $300 a month in premiums and then a $10,000 deductible to avoid a $695 penalty, which choice am I going to make?"
The great moments of ObamaCare/central planning.