Millions may avoid ACA penalty as deadline looms

Published Updated 5 Min Read

(Bloomberg) — Obamacare’s requirement that all Americans carry insurance or face penalties, part of the effort to gain universal coverage, may not be much of a rule at all.

The Obama administration said that millions of people may be exempt from the requirement known as the individual mandate. Homeless people or homeowners who’ve been foreclosed upon can apply for an exemption. So can those whose utilities have been shut off; who have suffered domestic violence; who have experienced a death in their families.


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form