Many uninsured say they're ignoring Obamacare
Six million people have signed up for individual health insurance so far. But a new survey finds that half the uninsured don't intend to purchase a plan.
This post comes from Krystal Steinmetz at partner site Money Talks News.
The deadline to enroll in a health insurance plan under the Affordable Care Act is upon us, and so far 6 million people have signed up.
Unfortunately, it appears that the majority of the uninsured are not aware of Monday’s deadline.
A new poll by the Kaiser Family Foundation found that six in 10 uninsured don't know about the March 31 deadline to sign up for coverage. And Kaiser said what's even more shocking is this: "When reminded of the deadline and the fine for not getting covered, half of those who lack coverage as of mid-March say they plan to remain uninsured."
So despite the online health insurance exchanges and potential subsidies to reduce the cost of insurance premiums, half of the uninsured said they plan to stay uninsured, 4 in 10 say they plan on signing up for coverage by Monday, and 1 in 10 say they're unsure.
Even as the Obama administration ramped up its PR push for Obamacare in recent weeks, Kaiser said many uninsured are still oblivious about the law and how it could benefit them.
Large shares of the uninsured remain unaware of two of the law's key provisions that could help them get coverage. About half the uninsured are unaware that the ACA gives states the option of expanding their Medicaid programs, and more than 4 in 10 don't know that it provides financial help to low- and moderate-income individuals to help them purchase coverage.
If you are still uninsured, Monday is D-Day to sign up for individual health insurance -- or at least start the process. Those who begin an application on HealthCare.gov but can't finish the application process by Monday night will be given an extension to complete the process. Some state exchanges are also granting similar extensions.
Bloomerg reported on Thursday that 4 million people have visited HealthCare.gov since the beginning of the week.
It says the 6 million who've signed up for health insurance so far "meets an estimate published by the Congressional Budget Office in February. That figure was revised down from an initial estimate of 7 million before the troubled start of enrollment in October."
If you don't obtain health insurance, you may be subject to federal fines, and you'll be unable to purchase an individual policy until Nov. 15. Only people who experience a life-changing event, like a job loss, marriage or addition of a new family member, will be able to purchase individual insurance before then once the current open-enrollment period is over.
We recently provided you with a list of what you should know about Obamacare's March 31 deadline. The list includes penalties and exemptions. Please help spread the word. It would be a shame if someone who wants insurance didn't sign up because that person was lacking the necessary information.
Are you uninsured? Do you plan on applying for health insurance by the March 31 deadline?
More on Money Talks News:
Interesting: I came on here to comment on the White House announcment that 6 million have signed up for the ACA but the article is already gone. Wonder why? Well I will just put my same comment on this article.
When the total hit 4 million they said 87% qualified for a subsidy. Notice they didn't give that percentage this time. Assuming it is still 87% that equals to 5,220,000 leaving 780,000. So my questions:
1) What exactly is the percentage?
2) What are the demographics of those signed up?
3) How many have actually paid their first premium payment?
4) How many were previously uninsured and how many were canceled?
5) What are their deductibles and co-pays?
6) When the 780,000 cannot generate enough revenue to cover the premiums of the 5,220,000 who will pay the difference?
so a week ago it was 4. milluon and today its 6 million.
they can tell us how many signed up but not how many have actualy paid. lol
define "sign up" does that include actually clicking on "buy this health plan" or just mearly putting your name in the system? i am sure they wont have that info either. this administration is a joke
High deductibles, limited amount of doctors and hospitals, cost and mandate rules are many of the reasons why people are choosing to ignore the "Obamacare" insurance. Think about it! With the high deductibles' and cost - one might say that it would be cheaper in the long run to pay out of pocket for doctor visit and get a "accident or catastrophic " insurance policy to cover hospitals for a healthy person. These policies cover more doctors and hospitals than Obamacare. Lets do the math. If you read between the lines- A Doctor visit may cost ?? Lets guess and say $200.00. One might see a doctor maybe two times a year. Monthly premiums ? (I have seen as low as $69.00 per month with subsidies). At $69.00 per month that equal $828.00 per year. Deductibles: $10000.00. "Out of pocket cost" remaining $9600.00 from the two doctors visits. So now you are still paying $828.00 per year and plus the $10000. deductable. Now if one was to take the risk of $828.00 per year by placing the monthly payment of $69.00 per month into a self health insurance account and still had the two doctors visits a year ... one would save $480.00 per year for emergencies.
As far and the mandate rules: I thought we lived in America. The land of the free. This rule is unreasonable and unfair to "fine" U.S. citizens for not choosing to want a program that does not meet their want and/or needs . What country do we live in? The last time I checked- we were living in a country of freedom of choice and not living in a Dictatorship.
Hussein and his staff can F.O.A.D.! When the government is telling us what we have to do the time has come to put the FEAR OF THE PEOPLE back into the government.
They have no business getting into any private enterprise at all. Secure the borders so the American People can do what they need to do!
the deadline isnt monday. such shoddy journalusm. you guys just published an article 5-7 days ago stating obama unilaterally extended the deadline till the middle of april.
so msn its one of two things. you are lying about the deadline date, or you are incompetant as a news agency.
so which is it?
Get any Ideas ?
The government is not in charge of me , or my health , got it ?
BTW I lost my work place paid health insurance to the bad economy several years ago. I choose not to buy my own insurance as it is too expensive and would be a huge part of my budget. Now I am going to fined for not being able to easily afford it, this is ridiculous.
Our overpaid and overly benefited politicians have overstepped their bounds, I am so fed up with the direction of this country!
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