One-third of uninsured Americans plan to remain uninsured, despite the Patient Protection and Affordable Care Act’s requirement that they obtain health insurance or pay a fine, according to a new Bankrate.com report.
The research reveals that 70 percent of uninsured Americans don’t know about the subsidies available to reduce the cost of health insurance.
“This is a staggeringly high percentage,” says Bankrate.com Insurance Analyst Doug Whiteman. “The government has spent over half a billion dollars promoting the Affordable Care Act and more than two-thirds of uninsured Americans still don’t know about the subsidies. Plus, 48 percent know that the enrollment deadline is in two weeks.”
Seventeen percent of uninsured Americans who will continue to go without health insurance cite their opposition to the Affordable Care Act as the Reason; 13 percent say they do not need insurance because they are healthy.