YES
I have insurance
Posted on 12/30/2014 2:22:22 PM PST by SeekAndFind
Don't have health insurance? Get ready to pay up.
The ObamaCare-mandated fines for not having insurance are rising in 2015 -- and for the first time, will be collected by the Internal Revenue Service.
The individual requirement to buy health insurance went into effect earlier this year. But this coming tax season is the first time all taxpayers will have to report to the IRS whether they had health insurance for the prior year.
The fines for the 2014 year were relatively modest -- $95 per person or 1 percent of household income (above the threshold for filing taxes), whichever is more.
But insurance scofflaws face a sharp increase if they don't get covered soon. The fine will jump in 2015 to $325 or 2 percent of income, whichever is higher. By 2016, the average fine will be about $1,100, based on government figures.
The insurance requirement and penalties remain the most unpopular part of the health care law. They were intended to serve a broader purpose by nudging healthy people into the insurance pool, helping to keep premiums more affordable. But the application of fines in 2015 could renew criticism of the law, at a time when Republicans are taking control of Congress and looking at ways to undercut the policy.
According to government figures, tens of millions of people still fall into the ranks of the uninsured.
(Excerpt) Read more at foxnews.com ...
They ought to be preparing to collect their unemployment benefits. Maybe next year.
Pay up, Proles!
You’re Masters need it for their enablers...
I would rather pay the fine than pay $4,000 per year for a $6,000 deductible health insurance plan.
That’s what people are planning on doing, paying the fine. The high deductibles on health insurance suck bigtime. The fines suck too, but are easier to digest.
We, in the tax preparation field are ‘joking’ about needing flak jackets for this year’s tax season. My personal belief is that this will be the make-or-break issue of Obamacare / PPACA providing that my fellow tax preparers properly identify the source of this added burden to the taxpayers.
There are many people who still believe in the ‘free lunch’ and free government largess. This is where the ‘rubber-meets-the-road’ and where money is paid. Many will have to be told that even with the added tax, they still saved money over inadequate and insulting insurance. Still, if I am permitted, I will tell all of my clients that, if they don’t like the results, they need to let our elites know their displeasure. Presidents, governors, Federal Senators and Representatives will, given my choice, get mail and complaints to remind them that decisions made behind closed doors and in the dead of night are not popular!
I will be a small voice, crying in the wilderness BUT God knows others in the same position have made world-shaking changes!
It’s going to be impossible to hide this cluster assault.
The GOP wisely decided not to rub any of the rough edges off of this thing.
It will be interesting to hear a report.
Keep track of the more “interesting” responses.
My impression is that most obamacare supporters don’t actually pay taxes anyway.
a 6000 dollar deductible is the same as no insurance.
The original figure for the uninsured was 20 million and now we have tens of millions uninsured? Sounds like another rousing success!
Wouldn't the plan still be useful if you had, say, a $60,000 or $600,000 medical bill? Happens all the time. Coverage is basically like a catastrophic plan. These used to be very popular.
Are you inexperienced with financial matters? Please see #11.
It never was about good sense or even trying to get the most mileage out of the status quo attitude about welfare. Far more cheaply could the government hand out free mini-med plans to the welfare set, than this nightmare.
Nope it is socialism for the joy of socialism. No other way to put it. This thing is going to create way more misery than it is successfully treated medical problems.
I have insurance
Fair enough; today’s “health insurance” is more like “maintenance plan.” Like an auto policy that got your oil changed four times a year.
But you don’t have to get all snarky about it.
And anyhow, the $6K deductible plan is selling for more (after subsidies) than the old, low-deductible maintenance plan. It’s a bad deal, mean to enrich the pockets and egos of government drones, nothing more.
That's true -- due mainly to the mandatory provisions e.g. no pre-existing condition exclusion.
And on top of that it has to get laundered through a Brobdingnagian apparatus that takes its own cut.
Frank welfare would be cheaper than this Rube Goldberg apparatus of a law.
Don’t look for the Fools on the Hill to save us from 0bamaCrap. They need to be forced into the system.
Owebama Care = Epic Fail!!
Nope:
6000 x 1 yr.
6000 X 2 yrs.
6000 x 3 yrs.
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6000 x 5 yrs.
6000 x 6 yrs.
6000 x 7 yrs.
6000 X 8 yrs.
6000 x 9 yrs.
6000 x 10 yrs.
6000 x 11 yrs.
6000 x 12 yrs.
6000 x 13 yrs.
6000 X 14 yrs.
6000 x 15 yrs.
6000 x 16 yrs.
6000 x 17 yrs.
6000 x 18 yrs.
6000 x “X” years...
Their counting on in,
The Lobby Gang Actuaries are COUNTING ON IT!
per person
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