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DB HCA RE TWO

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Hello Motivators, Write an orginal response to the below post. (250-400 words with 1-3 references not used by author). Please do not repeat what the writer says, say somethng positive and supportive. The attached document can be used as a reference or help aid for the kind of response that will satisfy this task. Note: Thanks in advance. Penalty Enforcement for Failing to Meet the Individual Mandate under Obamacare: To Comply or Not to Comply? COLLAPSE Top of Form Background One of the cornerstones of the Patient Protection and Affordable Care Act, aka Obamacare, has been the Individual Mandate, a requirement for all Americans to acquire some sort of qualifying health insurance coverage. Also known as a “Shared Responsibility Payment”, the manifestation of failing to meet the Individual Mandate is a tax penalty. This penalty was the greater of $95 or 1% of household income in 2014 for those who didn’t obtain insurance, rose to the greater of 2% of household income in 2015 for failing to so and finally rose to 2.5% of household income or the greater of $695 in 2016 for not obtaining the required qualifying insurance coverage. [1], [2] The problem being juxtaposed herein is the enforcement of the tax penalty itself for those who fail to obtain qualifying insurance coverage. Articles Summaries: “Will Only Suckers Pay the Obamacare Tax Penalty?”, by John Merline [3] In this article, the author contends for a variety of reasons that it’s less complicated for the individual taxpayer to merely ignore paying tax penalty than to comply with the mandate. The basis for the author’s contending of this comes from the plethora of exemptions – he cites 19 – that exist for needing to obtain insurance, most of which require no paperwork at all to register for or to verify coverage. Furthermore, even if one does not qualify for one of the many exemptions for obtaining coverage, the only mechanism available for collection of the penalties under Obamacare is the collection via tax-return refunds. The author iterates many reasons why this is a weak approach and a major reason for the weakness of the Individual Mandate and ultimately, Obamacare. What if a taxpayer does not receive a tax refund, now or in the future? Furthermore, to indicate that they were in fact covered with qualifying coverage, a taxpayer only need to check a box that says that coverage did exist with no qualifying documentation. The onus is then on the IRS to determine whether they were insured or not, an IRS he contends is dramatically overstaffed now, let alone with trying to enforce elements of Obamacare that will increase year after year. Finally, there is no criminal penalty for failing to pay the penalty, nor is there an ability for the IRS to levy liens or garnishments should they be able to determine or verify that someone lacked appropriate coverage. All of these points lead the author to conclude while the Individual Mandate is critical to the success of Obamacare overall, it is basically powerless to enforce since there are so many ways to circumvent the requirement, ultimately concluding that Obamacare could contain within its very requirements the “seeds of its own destruction”. For this reason, while he doesn’t specifically say that one SHOULDN’T pay it, he paints a detailed picture of why there really is no down side to NOT paying it, the title of the article refers to those who might as “suckers”, thereby a solid allusion to his point.[4] “Can You Really Ignore the Obamacare Penalty?”, by Dan Caplinger[5] In this article, the author offers a summary again of the scaled penalties imposed under Obamacare to those who do not seek qualifying coverage. He also asserts the same point as the previous author that the Individual Mandate is one of the most hotly contested elements of Obamacare and that it is a key element of the law. Where the thrust of his

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