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Are the Uninsured Escaping the Tax Penalty Mandated by the ACA?


February 24, 2016

One of the pillars upon which the Affordable Care Act (ACA) is built is that everyone will be able to participate in the program. If a person does not want to take on the added cost of obtaining health insurance, they will face a stiff tax penalty. Or will they?

According to a story published by the Hill, the tax-filing software TurboTax has released data stating that nearly 3 in 4 people who lacked health insurance this past year were exempt from the penalty.

The TurboTax data cited that the 2 most common exemptions were related to the cost of coverage, including the inability to afford the care offered through an employer. Recent eviction or the death of a family member are two additional exemptions that were also commonly cited.

Since affordability is a cornerstone of the ACA, these figures highlight an alarming trend that those who need insurance are still unable to afford it. 

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