<p>FWIW, judging by facebook posts, a <em>lot</em> of young people have waited until, oh, today to sign up. </p>
<p>Procrastination generation ;)</p>
<p>Let’s see how many pay. They have until Jan 6 to make a payment.</p>
<p>Again, where is the demographic data. Why are they are not disclosing this info? Hmmmm</p>
<p>95% are receiving subsidies.</p>
<p>You’d expect the vast majority of people buying on the exchanges to get subsidies. Otherwise, why didn’t they just buy direct from an insurer with less hassle?</p>
<p>I wonder how many of these people are at the higher end of the subsidy giveaway. If you’re throwing candy at people, I wouldn’t expect many to say no. If you send these people a bill (even if it wasn’t very much) after you give out the candy, it will be interesting to see how many will pay. I also wonder how many of these people gave the correct information about their future income? Will see</p>
<p>Where did that 95 percent number come from?</p>
<p>GP, what do you think? 20,000 sign ups on Wednesday.</p>
<p>Thurs, Fri, Monday? Similar numbers? I think that is conservative.</p>
<p>Then there is Sat and Sun…</p>
<p>We are going to be over 400,000 signups with 3 months to go.</p>
<p>That commentator in the LA Times isnt looking too good. ;)</p>
<p>“Procrastination generation.” :)</p>
<p>It came from one of the articles.</p>
<p>“Procrastination Generation.” According to a poll taken by the Harvard Institute of Politics, 57% of millennials disapprove of Obamacare. They may be procrastinating for a reason.</p>
<p>Remember, signups are not paying customers.</p>
<p>Dear Dstark, your team keeps quoting enrollments and GP keeps saying, yeah, but they won’t pay. Impasse. :(</p>
<p>Bay, I had this same “dependents” confusion a few hundred posts back. Dependent means the legal relationship- son, daughter, etc. They don’t have to be financially dependent on you for insurance purposes. I don’t think I linked my source before, but I ran through IRS and HHS/Healthcare.gov. Aiui, you can put her on your non-exchange insurance plan, up to the age limit. To do the Marketplace, you would include her income in you household MAGI. Someone can check this. I’ll look back, but don’t have time to try another search.</p>
<p>In any case, this and the student Medicaid questions- dare I say it?- can be clarified through the exchanges. Good luck.</p>
<p>GP- are you sure about all this? Or, are you aware how confusing it is to try to translate what you must mean? –
“If you send these people a bill (even if it wasn’t very much) after you give out the candy, it will be interesting to see how many will pay.” </p>
<p>Do you realize the candy/subsidy goes to the insurer, not the individual? So, if they sign up and don’t pay, they reap nothing.</p>
<p>Also, someone try to find this, which I saw tonight- 23% of CA enrollees are in the 19-34 demographic-- which is 21% of the state pop. Again, check me on this.</p>
<p>
</p>
<p>I’ll hold the money. Teehee :)</p>
<p>Does anyone actually think that if not enough people sign-up this whole thing will just go away? That seems unlikely, if not impossible. And when did passing big, complicated laws and then just randomly deciding to suggest that states go ahead and choose to delay key parts of them if they like become an accepted practice? This is all just so strange.</p>
<p><a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?;
<p>Bay - is your D going to grad school in CA? Medicaid may not apply in every State.</p>
<p>What is the age limit for someone to be dependent on tax return as a student?</p>
<p>Nah LF. </p>
<p>There will be a percentage of people that dont pay but it wont be that large. We are blowing thru the 500,000 sign up number.</p>
<p>We will know if people arent paying in large numbers. Insurance companies will talk about this. Silence will be gold. </p>
<p>Kmcmom13, you are out of the running. Anybody that volunteers is out. Catch-22. :)</p>
<p>Texaspg, There are age limits on children, but not relatives. So as a child
ages out, that person could qualify as a relative. But…</p>
<p><a href=“https://turbotax.intuit.com/tax-tools/tax-tips/Family/Rules-for-Claiming-a-Dependent-on-Your-Tax-Return/INF12139.html[/url]”>https://turbotax.intuit.com/tax-tools/tax-tips/Family/Rules-for-Claiming-a-Dependent-on-Your-Tax-Return/INF12139.html</a></p>
<p><a href=“http://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Questions-&-Answers/Filing-Requirements,-Status,-Dependents,-Exemptions/Dependents-&-Exemptions/Dependents-&-Exemptions-2[/url]”>http://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Questions-&-Answers/Filing-Requirements,-Status,-Dependents,-Exemptions/Dependents-&-Exemptions/Dependents-&-Exemptions-2</a></p>
<p>[Is</a> Your College Student Still a Dependent?](<a href=“http://www.journalofaccountancy.com/issues/2010/aug/20103019.htm]Is”>Is Your College Student Still a Dependent?)</p>
<p>Sounds like 24 is the dependency rule for taxes as a fulltime student while it is 26 for healthcare.</p>
<p>If she made over 133% (138% ?) by the time she moves off the employer’s insurance, she may just enroll in a subsidized insurance for next year while looking for other choices in 2015.</p>
<p>
</p>
<p>In reality, they have some time in April to pay before the tax/penalty kicks in – assuming the POTUS doesn’t delay/waive it on March 31. :)</p>
<p>
</p>
<p>Correct. But that has been the bane of insurance companies for a looooong time in the individual market. First the carriers need them to sign up. Then the carriers need them to pay. Historically, many who sign up do not pay the first premium. Yes, they are then dropped from the insurance rolls.</p>
<p>That is one reason why insurance “marketing” costs are so high for the individual market. Enrolling those 'next" customers has been mighty expensive. </p>
<p>So IMO (sorry tx, but this thread has turned on nothing but opinions), nothing will get serious for the ‘invincibles’ until they face a financial penalty in April. But since the penalty is so small, and can be non-existent for many …</p>
<p>texas,
I don’t know yet where she is going. She has several acceptances in hand in 3 different states. I think all of them are Medicaid expansion states.</p>
<p>Ok, so we will not ever be able to claim her as a dependent on taxes again. That issue is resolved.</p>
<p>Does anyone know if grad school merit scholarships are counted as income?</p>
<p>I know I can (and will) look all this up when the time comes, but its nice to understand it a bit in advance.</p>
<p>“In reality, they have some time in April to pay before the tax/penalty kicks in – assuming the POTUS doesn’t delay/waive it on March 31.”</p>
<p>Can POTUS waive laws? So far, not all (most) states are complying with these delay options.</p>
<p>[Can</a> Graduate Students Still Be Claimed as Dependents on a Tax Return? | Finance - Zacks](<a href=“http://finance.zacks.com/can-graduate-students-still-claimed-dependents-tax-return-4932.html]Can”>Can Graduate Students Still Be Claimed as Dependents on a Tax Return? | Finance - Zacks)</p>
<p>
</p>
<p>The penalty for non-compliance with ACA is a federal tax (according to Chief Justice Roberts). The feds can easily delay it by regulation, just like they have been delaying other parts of the ACA.</p>
<p>To my knowledge, there are no state penalties for non-compliance with a federal law.</p>
<p>BB, not all states agreed to the previous fix and it’s highly unlikely all states will agree to this new one.
<a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?;
<p>“Does anyone know if grad school merit scholarships are counted as income?”</p>
<p>It depends on W-2 pretty much and what the school says. Merit Scholarships going toward’s tuition usually don’t count (school subsidizing just like feds doing for healthcare) but if they are just handing the student the money, then it will depend on the W-2.</p>