The Trump administration may no longer enforce the Individual mandate so the IRS may process your tax return without ACA forms required last year.
Trump’s recent order led us to expect this, and it has now been suggested again by top Trump aide Kellyanne Conway which gives it more weight.
This means, if you didn’t get coverage already, you could probably assume that the IRS won’t collect the fee. Probably.
That isn’t good for our budget as the IRS needs to take in payments to pay back T-bonds, but it is good for families who didn’t get coverage or those who have pending exemptions applications.
What isn’t great for families is that open enrollment just ended, and HHS now requires extra documentation for Special Enrollment period eligibility.
The latest proposed rules from Tom Price’s HHS team suggest there will be a 2018 open enrollment. The new rules also suggest the game plan until we get a replace or repair plan could be one of denying preexisting conditions if one doesn’t keep continuous coverage, tightening rules for special enrollment, reducing the coverage required from insurers, and the eliminating the oversight that would make sure that insurers have adequate providers in the region in which they sell insurance.
This cluster of good news and bad news has been called, politely, “a mixed bag.”
With luck, a repair or reform involves an”actual-fix,” as some elements of past bills have suggested. Of course, we could see the old GOP plan from 2008 being passed after the GOP ensured that a death spiral made Democrats look bad. Skeptics on the political left are concerned that the GOP will remove the provisions of the ACA that make it financially feasible, limit coverage and enrollment, and make the ACA so unworkable that even the outdated GOP plans will look better.