- Continuous coverage — 30 percent penalty if people don’t keep themselves insured. Its a Mandate/penalty with a different name! They want to penalize you for something the Govt can’t make you purchase!
“- Continuous coverage — 30 percent penalty if people don’t keep themselves insured. Its a Mandate/penalty with a different name! They want to penalize you for something the Govt can’t make you purchase!”
Exactly! I saw this and wondered why a conservative Republican would ever allow such a provision.
To me, it appears to be an offset for the low income credits that are being offered under the act.
Read my #15. We’ve drawn the same conclusion from what’s stated here. If we’re correct, what a farce!
This IS BS NO ONE should be charged a DAMNED PENNY for NOT purchasing something!!! 30% of what money????
Nah, this is simply a way to limit the practice of not having insurance when you’re healthy and once you’ve come down with illness THEN & ONLY THEN getting coverage. Such folks SHOULD pay higher premiums IMHO. To avoid such higher premium “penalty”, folks can simply continue to choose to not have insurance (i.e., continue to “self-insure”).
OK - how about you explain exactly what that line actually means and how it is spelled out. Does it mean you are penalized for not having (buying) coverage, or does it mean that if you opt not to get coverage, then get hurt/sick, you don't get to buy in at no extra cost?
It would make a huge difference - no?
30% penalty? What?
Look if one can’t afford it...one can’t afford it and a 30% penalty isn’t going to fix that.
After a very recent experience at the local ER for a broken foot...after all is said and done...it runs over $7,000?
With all due respect to my fellow FReepers a simple fracture, no need for Doctor to set it, just x-ray, splint and boot...$7000 is outrageous. I know 0bamacare caused price increases, but I just cannot justify the price of this kind of care?
What is wrong, in my mind, is there is some sort of monopolistic practices going on. The free market would charge what it could bare, but I will be calling to have this pricing reduced or default on it. The reality is the market cannot maintain this price structure even though the demand is there.
God help me for saying it, but maybe we need to consider some sort of ‘price control’ business strategy. (I can’t believe I am even saying stuff like that.)