Breaking News: Individuals May Opt-Out of Insurance Program in Health Care Reform
Breaking News regarding health care reform
Individuals are not required to participate in health insurance programs under health care reform. Section 1555 of P.L. 111-148 (Patient Protection and Affordable Care Act) allows for individuals not to be required to participate in any health insurance program. They will not be penalized if they do not participate. Language from the provision is listed below and can also be read HERE
Section 1555 – Freedom Not To Participate in health care reform
No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendments), and there shall be no penalty or fine imposed upon any such issuer for choosing not to participate in such programs.
News update on health care reform
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