Tags: obamacare | uninsured | insurance | adults

Two-Thirds of Uninsured Not Sure They'll Buy Insurance Under Obamacare

By    |   Monday, 03 Jun 2013 06:12 PM

Two-thirds of Americans currently without health insurance are uncertain they'll buy insurance under Obamacare once it is fully implemented in 2014.

And if they don't, the Affordable Care Act could face trouble, CNBC reports. There are penalties for not purchasing health insurance under the law that takes effect Jan. 1, but in the first year, those penalties are much smaller than the cheapest health coverage plans.

If too few people who are currently uninsured sign up it could raise costs for everyone else, said Laura Adams of InsuranceQuotes.com, which commissioned the poll.

In the survey conducted by Princeton Survey Research Associates International, 64 percent of the uninsured say they have not made up their minds whether they will buy health insurance by the Jan. 1, 2014 deadline. Ten percent say they definitely will not buy insurance, opting to pay the fine instead. Only 19 percent told pollsters they intended to comply with the law and buy health insurance.

"Many people are taking a wait-and-see attitude," said Amy Bach, executive director of the insurance consumer advocacy group United Policyholders. "People are still in the dark about what their options are going to be — and they're skeptical that the penalty for not buying insurance is going to be enforced, at least in the first couple of years."

In Obamacare's first year, the fine is $95 per adult or one percent of income, whichever is highest. The penalty is half the adult amount for children under 18.

The penalty goes up every year, landing at $695 or 2.5 percent of household income in 2016.

Fewer than half of those surveyed believe they'll get better health care under Obamacare. Almost half think it will be harder to get tests and procedures performed in a timely matter.

Although the law allows for tax credits to help pay for insurance coverage for those with low incomes, 68 percent believe they won't qualify.





© 2017 Newsmax. All rights reserved.

   
1Like our page
2Share
Newsfront
Two-thirds of Americans currently without health insurance are uncertain they'll buy insurance under Obamacare once it is fully implemented in 2014.
obamacare,uninsured,insurance,adults
318
2013-12-03
Monday, 03 Jun 2013 06:12 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved