When Penalties are Preferable

“Nearly five in eight Americans polled by ABC News and The Washington Post say they ‘lack the information needed to understand the changes that will take effect as the Affordable Care Act is implemented.’ No surprise with a bill that stretched to 906 pages — plus 20,000 more of associated regulations.  Besides, there’s nothing you can actually do in reaction to these stories. You’re a helpless spectator. Which is why we find the YouTube video much more intriguing… ‘What we’re trying to communicate is, ‘No, you’re actually not required to buy health insurance,’’ says Evan Feinberg. ‘You might have to pay a fine, but that’s going to be cheaper for you and better for you.'”

http://agorafinancial.com/2013/09/20/when-penalties-are-preferable/

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