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You may have heard that, under Obamacare, everyone is required to have health insurance -- or pay a penalty. This is technically called the individual mandate, but it doesn't apply to everyone.
Trump succeeded in reducing the penalty for not having health insurance to $0, providing people who didn’t want to purchase health insurance a way to do so without financial penalty.
A judge agreed with a coalition of states that a change in tax law eliminating a penalty for not having health insurance invalidates the entire law.
As part of Massachusetts Governor Mitt Romney's health care reform efforts, Chapter 58 of the Acts of 2006 established a system to require individuals, with a few exceptions, to obtain health insurance either through an employer or individual purchase. [9] The penalty for not having insurance is enforced in the calculation of personal income tax.
The Patient Protection and Affordable Care Act signed in 2010 imposed a health insurance mandate to take effect in 2014. On June 28, 2012, the Supreme Court of the United States upheld the health insurance mandate as a valid tax within Congress's taxing power in the case National Federation of Independent Business v.
U.S. insurance health, life, property, and car insurance industry related political contributions from 1990 to 2010. The health and insurance sectors gave nearly $170 million to House and Senate members in 2007 and 2008, with 54% going to Democrats, according to data compiled by OpenSecrets. The shift in parties was even more pronounced during ...