Here's a link to a fabulous document from Millman.
http://publications.milliman.com/pu...dfs/measuring-strength-individual-mandate.pdf
The document is long, but it's very detailed about the affects of the Individual Mandate.
The "conclusion" on page 22 says exactly what YAgents was expressing about various income tiers being affected differently.
The footnotes on page 27 restate my own confusion about the "self-only" reference, but also gives Millman's assumptions that the 8% includes families when it's not group insurance. The quote from page 27's footnotes says:
http://publications.milliman.com/pu...dfs/measuring-strength-individual-mandate.pdf
The document is long, but it's very detailed about the affects of the Individual Mandate.
The "conclusion" on page 22 says exactly what YAgents was expressing about various income tiers being affected differently.
The footnotes on page 27 restate my own confusion about the "self-only" reference, but also gives Millman's assumptions that the 8% includes families when it's not group insurance. The quote from page 27's footnotes says:
Section 1501 of the ACA does not make clear if families will be exempted from the individual mandate if the family's premium exceeds 8% of household income, or if the premium for each individual member of a family must exceed 8% of household income. It is clear, however that for families eligible for employer sponsored coverage, agency interim final regulations related to eligibility for premium tax credits state future proposed regulations… are expected to provide that the affordability test for purposes of applying the individual responsibility requirement to related individuals is based on the employee's required contribution for the employer-sponsored family coverage.
Families eligible for employer-sponsored health insurance that must pay more than 8% of household income for coverage will not be required to pay the individual mandate penalty if they fail to purchase family coverage. With the exception that regulations governing the individual health insurance market will be consistent with employer-sponsored insurance, the modeling used for the calculations presented in this paper assumes that families unable to purchase family coverage for less than 8% of household income will also be exempt from the individual mandate.
Families eligible for employer-sponsored health insurance that must pay more than 8% of household income for coverage will not be required to pay the individual mandate penalty if they fail to purchase family coverage. With the exception that regulations governing the individual health insurance market will be consistent with employer-sponsored insurance, the modeling used for the calculations presented in this paper assumes that families unable to purchase family coverage for less than 8% of household income will also be exempt from the individual mandate.
