Not Planning to Buy Health Insurance? Here’s What’s Going to Happen to You

http://www.moneytalksnews.com ^ | October 4, 2013 | By Susan Ladika

[Maelstorm]

Not Planning to Buy Health Insurance? Here’s What’s Going to Happen to You | Money Talks News

[Perdogg]

The IRS cannot prosecute people who do not pay the fine.

[RKBA Democrat]

Agitprop.

[Mr. K]

wait until you get sick- then buy it!!

[GrandJediMasterYoda]

you’ll also have to pay a penalty to the federal government for flouting the law, costing you hundreds or thousands of dollars more...

Wow I learn something new everyday. Silly me though the penalty was $95 a year, now it's "hundreds of thousands of dollars". What else is the twice unconstitutionally elected Kenyan foreign agent going to surprise me with next? That all people who do not buy Shariacare will be summarily executed by the will of Allah?

[Ray76]

100%

[blueunicorn6]

The income tax was a way for the Democrats to take a bite of the working man’s WAGES. Obamacare is a way for the Democrats to take a bite of the working man’s/woman’s BENEFITS. Wake up young people. The Democrats want your stuff.

[JerseyHighlander]

According to a recent study by New York University economics professor Edward N. Wolff, median net worth is at the decades-low figure of $57,000 (in 2010 dollars).

https://appam.confex.com/appam/2012/webprogram/Paper2134.html

If you get an illness, you buy insurance,

if you get into some accident, you get healthy, then declare bankruptcy. The FHA has a program where a bankrupt person can be eligible for FHA backed mortgages in as little as 12 months after BK filing.

That is the future of the USA>

[GrandJediMasterYoda]

Nobody is going to buy this crap, there is just no way. Oh sure there will be some, but no way at the level they are expecting for the simple fact people don’t like being told what to do. This is a huge difference between buying car insurance and buying something just for existing. This abomination is going to collapse faster than Michael Jacksons legs at a Cub scout jamboree.

[rawcatslyentist]

I will NOT SUBMIT!

[Mr. Jeeves]

Agitprop.

Like most "pop" financial advice.

I like this "shut up, and do as you're told" line:

A wiser decision if you’re uninsured is to start shopping on your state health exchange...

[chris37]

They can drive a tank through my house.

I’m not doing this or anything else they say.

They can go to Hell.

[jetson]

Let's see how this whole thing goes. Why buy something that seems to be totally flawed from the start. The security issues need to be sold to the public first then the credibility of what we were told has to be tried a weighed. There is allot of splanin that has to be done first.

[novemberslady]

While you can purchase insurance outside the exchange at any time, you won’t be eligible for a government subsidy,

So they won't tell you what the plans cost until you apply. If you try to purchase somewhere else figuring they'll tell you what it's going to cost first, you won't get a subsidy.

Nice scam there.

[funfan]

Don’t they understand some people will not be able to afford the insurance only the penalty. According to the Calif exchange my premiums would be $1154.00 a month I don’t have it so I would have to pay the fine. Just because your adjusted gross income says you make so much that does not take into account taxes being with held, all of your household expenses at the end I just don’t have it. They should figure out what your salary is after tax if they did that I would be able to get subsidiaries. This whole thins is a bunch of crap.

[Mike Darancette]

Nobody is going to buy this crap, there is just no way.

The insurance companies will be so screwed. How could they not see this?

[funfan]

Well that stipulation could be on page 666 for all we know. Just ask Waxman he never read it before he voted yes on the effing bill.

[Uncle Miltie]

"There are exceptions that allow you to purchase insurance on the exchange at any time of the year if you experience a life-changing event, such as moving to a new state, getting married, getting divorced"

I can make sure one of those things happens in a pinch.

[justlurking]

But by 2016, an individual would pay $695 or 2.5 percent of your income.

This isn't stated in most places, but for completeness:

The fine is capped at the cost of a "Bronze" plan in the person's state. So, for a single person, I think the average is about $2,000/year.

[TheBigJ]

Funny article. We will not comply.