Posted on 06/03/2013 9:41:07 AM PDT by 2ndDivisionVet
The cheapest Obamacare health insurance plan will cost a family $20,000 per year.
Americans will be forced to purchase the plan or face the Obama IRS.
CNS News reported:
In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.
Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.
The IRSs assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.
The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.
The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000, the regulation says.
More
Two-Thirds of Americans Dont Know If They Will Insure Under Obamacare
(Excerpt) Read more at thegatewaypundit.com ...
This is basically a tax - a very REGRESSIVE tax.
now we know why all of this was hidden until after the election was over.
They’ll pay the fine.
When someone gets sick they’ll buy a policy.
The insurer will not be allowed to reject their “pre existing condition”.
Tens of millions will follow suit and the system will collapse.
Hello, Single Payer
It is highly doubtful IRS can deal with that many people on the list.
No sweat. If you’re one of the 47% parasites, you won’t have to pay a dime to get full health coverage. The evil RICH will cover you.
I could just puke.
That can’t be true. After all, it’s The Affordable Health Care Act, silly.
This is ridiculous. I can’t believe anyone would put up with this shite! I damn sure won’t. We’ve got to get rid of EVERY democrat and restore sanity in Washington.
Only the Washington set could be so delusional as to think that most people can afford this kind of expense. If enough people try to comply, the effect on the economy will be disastrous, as many will have no discretionary money whatsoever.
It’s no disaster, it’s the plan. The Dems intentionally put together the biggest stinking pile of legislation that they could. Once it comes unglued, the single payer option will come into play.
Every single democrat senator and every single democrat congressman voted to make this Obamacare the law. Every single Republican in Congress voted against this Obamacare. But no one sees that the democrat party is the enemy of the American people. The democrats also completely control the media.
Wow, a twofer for Americans: 1. lousy coverage; and, 2. overpriced, as well.
Of course, like everything else in these Marxist days, it’ll all be paid for by those who are just getting by as they attempt, vainly, to take care of their own families.
You know - the ways things USED to be, before Karl Marx was voted into office. By fans who voted three and four times each.
When someone gets sick theyll buy a policy.
The insurer will not be allowed to reject their pre existing condition.
Tens of millions will follow suit and the system will collapse.
Hello, Single Payer
__________________________________________________
That's been my understanding as well.
they can kiss my butt!
Where is our so-called conservative House?
In two years the fine will exceed the cost of the insurance.
Most people in the Beltway make six or seven figures. This would be their dog food bill or kid’s allowance.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.