[Vendome]

The replacement plan would have no individual mandate. Instead, there would be a penalty of 30% for those who fail to maintain coverage.

30% of what?

The individual mandate is dead already. The IRS will not be collecting information about coverage.

This article ain’t right...

[9YearLurker]

Click through and read the source article behind it: insurance companies are supposed to charge a 30% surcharge for the first year for new customers who haven’t maintained consistent coverage.

None of the federal government’s business, but their approach to try to deal with making insurers cover pre-existing conditions (again, none of the federal government’s business) without having people therefore only sign up for coverage when they get sick.

[arthurus]

Any mandate or penalty is unconstitutional and hampers the market. The federal government has no business in the field of Medicine or in the field of Insurance. Efficiency and access will increase directly with government withdrawal.

[tophat9000]

30% of what?

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The way I read it.... the old way was if you did not have health insurance by employer or other means.... you had to buy something approved by the government of health insurance or you pay the penalty on your tax return.

The new way if you did not have health insurance by employer or other means.... you have a window of time to buy something..... if you don’t ... if you try to get insurance at a later time there’s a 30% penalty in cost increase...

So like car Insurance you been driving around without car insurance when you do get it you might get nailed with a premium penalty for the fact that you were driving uninsured

This I guess would allow you that if you were between jobs and you don’t have health insurance you can wait till you get your new insurance of your new job