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Just 13 percent of uninsured people will pay the Obamacare penalty, report predicts

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[THE WASHINGTON POST]

About 2 million people fewer than previously projected will pay Obamcare’s penalty for not having insurance in 2016, according to a revised estimate from federal budget scorekeepers.

About 4 million people in 2016 are expected to pay the penalty for skipping health insurance, the Congressional Budget Office and the Joint Committee on Taxation say in a new report. That’s down from 6 million in their September 2012 projection, mostly because of an increase in those who qualify for an exemption from the individual mandate.

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Freddie Allen is the Editor-In-Chief of the NNPA Newswire and BlackPressUSA.com. Focused on Black people stuff, positively. You should follow Freddie on Twitter and Instagram @freddieallenjr.

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