As part of my continuing series highlighting many design problems with the Affordable Care Act, I turn to the logically incoherent structure of the hardship exemption. This is less an actual design problem and more of a moral problem.
|By: Jon Walker Friday December 20, 2013 8:02 am|
If you your old policy was cancelled and you can’t renew it, you’re eligible for a “hardship exemption” from the individual mandate. This means you will not be fined if you are uninsured. It also means you will have the option to buy a “catastrophic plan” if you want, but these plans don’t qualify for exchange tax credits.