CSPAN Key Capitol Hill Hearings April 16, 2015
The payment is geared to go up. Sen. Johnson youre saying is the greater of 2 of income or two other 20 stop or 228. The consensus is, we think it goes to 2 , we would be happy to make that clear. The statutory framework provides that the payment goes up if you dont have coverage to a reasonable higher amount than the first year it will be increasingly encouraging people to buy Health Insurance. Sen. Johnson this year, the percentage of income is what really drove it, so the average penalty was 1. 8 times the minimum. If you extrapolate that, if it is 1 , it will be 588. If you are talking per...