Insurance Mandate Tax Tips and Report Card on Performance
One Year Out From the Inaugural Insurance Exchange Launch Now that the nation has passed its second enrollment in the Affordable Care Act (ACA) Insurance Exchanges, it is time to do a bit of a scorecard and though the second enrollment went well, let's look as the predictions versus the actual participation. Original Whitehouse Projections Versus Actual Enrollment Number expected to gain insurance coverage because of either the employer or individual insurance mandates under the ACA-32,000,000 Since the employer mandate is just starting this year and the phase-in penalty for firms without compliant medical plans only applies to firms with 100 or more eligible employees, it is not possible to discern the total reduction in the uninsured yet. But here is the rate of the uninsured as a proportion of the national population. Uninsured rate prior to ACA- 18% After ACA-12.9% Number Health & Human Services projected for the 2015 Insurance Exchange Enrollment-9,100,000 Number of the u...