The Trump administration is making it easier for individuals to opt out of ObamaCare’s individual mandate.
The Centers for Medicare and Medicaid Services (CMS) says it is streamlining the way taxpayers can claim “hardship exemptions” from the mandate, which requires everyone have health insurance or pay a fine.
Under new guidance announced Wednesday, the agency will allow individuals to claim hardship exemptions on their tax returns without providing any documentation or written explanation.
Individuals would merely have to note the exemption on their tax returns, according to CMS, though the agency advised taxpayers to hold on to any documentation in case of any followups.
An individual may be eligible for a hardship exemption if they experience certain circumstances that prevent them from obtaining health-care coverage, such as bankruptcy or homelessness, or experience a fire, flood, or other natural disaster.
…….
- Discussion
-
Trump administration makes it easier to avoid ObamaCare mandate penalty https://t.co/O9dP9dhktq pic.twitter.com/xK0CC4FiSz
— The Hill (@thehill) September 12, 2018
You must be logged in to reply to this topic.