People will pay the tax penalty. $2,400 vs $20,000 - do the math.
There’s no incentive to buy private health insurance.
Theres no incentive to buy private health insurance.
Especially when, should you fall ill or suffer an accident, you can immediately purchase the insurance to cover your treatment -- there being no exception for "prior condition".
Which, of course, is why it costs $20,000 in the first place.
OBAMACARE: Dumber Than Ethanol.