Posted on 02/14/2015 9:06:30 AM PST by Rusty0604
Janice Riddle got a nasty surprise when she filled out her tax return this year.
The Los Angeles resident had applied for Obamacare in late 2013, when she was unemployed. She qualified for a hefty subsidy of $470 a month, leaving her with a monthly premium of $1 for the cheapest plan available.
Riddle landed a job in early 2014 at a life insurance agency, but since her new employer didn't offer health benefits, she kept her Obamacare plan. However, she didn't update her income ...
Now, she has to pay back the entire subsidy, which is forcing her to dip into her savings.
Early data is in from some tax preparers. Some 53% of Jackson Hewitt clients who received subsidies have to repay part or all of it, with the largest being $12,000, said Mark Steber, chief tax officer. The rest overestimated their income so they are getting even larger refunds.
Erica Cherington, 32, was "very happy" to enroll in Obamacare last year so she could address some health issues. She only had to pay $89 a month for a Horizon Blue Cross Blue Shield plan, thanks to a $284 monthly subsidy. She let herself be automatically re-enrolled for 2015.
During 2014, however, the Newark, N.J., resident landed a new job with a higher salary. Now, she has to pay back $600 of her subsidy.
To avoid this happening again, Cherington called the federal exchange to update her income, which she hadn't done when she changed jobs. Her revised monthly premium: $156 a month.
A case manager who handles disability payments, Cherington is now considering dropping her coverage and paying the penalty instead.
"It's not really affordable," she said of her new premium. "I don't know if I'll be able to keep it."
(Excerpt) Read more at money.cnn.com ...
I thought no one was going to be uninsured with Obamacare.
ROTFL
"I'm Maddie Ross of Dardanelle in Yell County, my family has property and I don't know why I'm being treated like this!"
Yeah, who could have seen this coming.
Turns out it’s cheaper to remain unemployed.
Yes, that’s the plan, ain’t it.
It is bought or borrowed and needs to be re-paid ... it just is what it is
Unless, of course you're a queer illegal, black, muslim single parent, Satanic former politician (or present), offended, ... and a few fill-in-the-blanks ...
THEN you get an EBT card with oodles of money on it, a free education, paid housing and utilities, free health and hospital care and a terrific write-up when you die from AIDS ... PLUS ... if what ever entity you left behind (adopted illegal, black queer etc.) can prove their inability to function without the assistance that they are accustomed to ... THEY will get a free ride as well.
Holder was wrong ... we're not cowards ... we're assholes
You got grubered lady.
Or, as Pelosi says, free to follow your dreams, free from having to hold a nasty job just for health insurance.
ONLY $156 a month? I would be THRILLED to pay tat much
She pays $89 a month for a Horizon Blue Cross Blue Shield plan.
WE PAY her $284 monthly subsidy.
12 x $300 = $3,600 she collected FROM US last year
Now she has to repay $600 of her subsidy.
FU Erica, you useless eater bitch you.
Now the illegal invaders are collecting FROM US, TOO.
This country is so far past the toilet it is now buried in tons of crap at the sewage plant.
” No worries. Eventually they will learn to game the system, just like they do with the Earned Income Credit. In a few years the target population will know the details better than the paid tax return preparers*
This creates two incentives, to not work or to cheat.
I think that's the whole idea.
Yeah I was thinking the same thing when she said that was unaffordable.
We are currently paying just over $1300 per mnth just for me and hubby.
Nelson - “Ha Ha”
Karma - I love it!
I’m sorry but these people are freeloading idiots. Subsidies are welfare.
We should go to fee for service for medical care, with insurance only for catastrophic.
Look, if I spend $300 a week on groceries, and the government chipped in $250 for it, I’d think groceries were my right, after a while. They aren’t. I need to pay the growers and the truckers and the store for that peach. If you are visiting doctors and getting meds, and you are paying $1 a month, that isn’t fair.
I paid $1800 a month last year for INSURANCE, and most things after that were 20% up to me too. Basically I was paying for a bunch of freeloaders’ medical. What a chump. I’m out; I do Liberty Health Share now, obama raised my premiums to $2500 and I couldn’t afford it. But even with a religious health share, I pay $500 a month. You can’t expect medical care for free!!!
So I guess the government will get the subsidies dialed in at some point. Then everyone will have their subsidized healthcare and their managed choices and it will all be bliss.
She’s just too stupid. And racis to understand that it is affordable.
Haters gonna hate~. S/
The Money Line....”Some 53% of Jackson Hewitt clients who received subsidies have to repay part or all of it”.
So MORE THAN HALF are getting a lesson in basic economics. the others are permanent Obama voters who have learned simply never to produce (except children), just collect.
They were all given “Free” insurance - Yea! Yea! - And now, have to pay back - wonder how they feel about it now.
A government powerful enough to provide everything is powerful enough to take it all away.
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