About 7.5 million Americans paid an average penalty of $200 for not having health insurance in 2014 -- the first year most Americans were required to have coverage under the Affordable Care Act, the IRS said Tuesday. By contrast, 76 percent of taxpayers checked a box indicating they had qualifying insurance coverage all year. Counting another 7 million dependents who were not required to report their coverage but also filed returns, ... (More)
Obamacare wins at high court
The Affordable Care Act survived its second do-or-die Supreme Court test in three years, raising odds for its survival but by no means ending the legal and political assaults on it five years after it became law. The 6-3 ruling, a major win for the White House, stopped a challenge that would have erased tax-credit subsidies in at least 34 states for individuals and families buying insurance through the federal government’s online ... (More)
Few clues about high court ruling
For the second time in three years, the federal Affordable Care Act went before the Supreme Court on Wednesday. And before a packed courtroom, a divided group of justices mostly picked up right where they left off the last time. Once again, commentators and experts were left to wonder where Chief Justice John Roberts and Justice Anthony Kennedy, considered swing votes in the case, stand. A decision is expected by the end of ... (More)
474,000 sign up via Covered Calif.
Nearly 474,000 consumers signed up for private health insurance via the Covered California program, officials said as the second enrollment period closed. More than 36,000 enrolled on Sunday, Feb. 15, the final day for signups. That's the biggest enrollment seen for any single day since the signups for 2015 on Nov. 15. "With this surge in momentum, we expect more than 500,000 people will enroll in a health plan through Covered ... (More)
Calif. subsidies average $5,200
About 800,000 California households have received federal subsidies under Obamacare, with an estimated average of $5,200 in assistance, Covered California reports. That comes to about $436 per month per household, the state Obamacare operation said. "The assistance provided through the Affordable Care Act helped bring health coverage within reach for more than a million people, and it changed lives across the state," said Covered ... (More)
Recent Comments