The #’s are Sick: Americans Paid $1.7 Billion in ObamaCare Penalties in 2014

Remember when ObamaCare passed without a single Republican voting for it and then House Leader Nancy Pelosi (D-Calif.) famously said: We have to pass the bill so that you can find out what is in it. Well, it’s been six long years since the bill was signed into law and once again, we are finding more and more surprises contained within the law’s more than 20,000 pages.

For instance, it turns out nearly 8.1 million Americans paid $1.7 billion in penalties in 2014, or an average of $210 per tax return in 2014 for not having health insurance and $200 million more than the IRS initially predicted.

One of the caveats of ObamaCare which made the penalties possible is the individual mandate, which requires everyone to have insurance or pay a fine. The IRS set a fine of $96, or 1 percent of reported gross income, whichever is greater in 2014.…



Leave a Reply

Recent Posts