A lot of people, from politicians to simple folk, have talked about rolling back Obamacare if the Republicans took over the Senate and got a bigger majority in the House of Representatives, which they have just done. So what can we expect? Will we still be required to have health insurance in 2015?
The bottom line is that almost nothing will change for at least two years. Any attempt by the Republicans to make any significant change to Obamacare will be vetoed by the President, and the Republicans don’t have enough of a majority to override a veto.
Beyond that fact, and all the rhetoric from the politicians, the truth is that polls are showing that as more and more previously uninsured Americans are getting good health coverage, many for the first time, this is becoming a more popular law. It’s not easy to do away with the law, especially when people have decided they like the law after all. The longer this law stays on the books, and the more popular it becomes, the less likely it is that any significant changes will be made to it, even if the Republicans were to eventually control the Presidency as well.
So what does that mean to you? It means if you do not have health insurance with Minimum Essential Benefits in 2015, you will face penalties more than three times higher than they were in 2014. If you don’t want to see your tax dollars going to pay for someone else’s health insurance, call today to see if you qualify for a tax subsidy of your own, and keep your tax dollars at home, paying for your own health insurance.