Breaking News

Obamacare Expected to Beat Sign-up Expectations
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Government officials have reported to The Associated Press that, U.S. President Barack Obama’s health care plan, known as Obamacare, was on track to sign up more than 7 million Americans for health insurance by the deadline day. Two anonymous government officials confirmed the milestone.

Commonly called the Affordable Care Act or “Obamacare,” it represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965. White House Press Secretary Jay Carney reported that “We surpassed the 7 million mark,” according to Fox News.

  
What
Where


The original target of 7 million had been set by the Congressional Budget Office for enrollment in taxpayer-subsidized private health insurance through new online markets created under Obama’s signature legislation. Most experts believed the expected 7 million targets to be out of reach, according to Bloomberg News.

Obamacare’s primary goal is to reduce the ranks of the 45 million people who are uninsured. It remains to be seen how that figure will be affected, though anecdotal evidence suggests that according to CNN news, many people have enrolled.

People who still do not get health insurance run the risk that the Internal Revenue Service will penalize them next year for remaining uninsured. The Huffington Post has reported that, people who are not already covered by an employer or by a government program can comply with the insurance mandate by buying a policy directly from an insurer.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Image Credit: www.news.yahoo.com





 

RELEVANT JOBS

Associate Attorney

USA-FL-Orlando

ALAW, an established, multi-state real estate and creditors’ rights law firm, is seeking a qua...

Apply now

Real Estate / Estate Administration Paralegal

USA-PA-York

Small central Pennsylvania law firm seeking organized, reliable, and highly motivated full-time real...

Apply now

CASE MANAGER / GENERAL COUNSEL

USA-TX-Houston

Dolcefino Consulting is a fast-paced investigative media consulting company that is hired by law fir...

Apply now

Attorney

USA-NY-New York City

ATTORNEY WITH 3 TO 5 YRS. EXPERIENCE IN PLAINTIFFS MEDICAL MALPRACTICE, MUST BE ABLE TO CONDUCT DEPO...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

BCG Attorney Search In-House Counsel

USA-CA-Los Angeles

BCG Attorney Search In-House Counsel We are a Legal Employment Company located in California with o...

Apply Now

FDA Regulatory Attorney

USA-MA-Boston

Boston office of a BCG Attorney Search Top Ranked Law Firm seeks FDA regulatory attorney with 3-4 ye...

Apply Now

Foreclosure/Bankruptcy Associate Attorney

USA-CA-Temecula

Temecula office of our client seeks associate attorney with preferably 2 years of experience working...

Apply Now

SEARCH IN ARCHIVE

To Top