"Sorry for going political here, but this is just appalling. This is a post directly from the Obamacare-ACA website. Lord help us now, because our government has run amuck: "
"I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 "Silver Plan" and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so I "opt-out" and chose to continue along with no insurance.
I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return.
Then you make it to the "REPERCUSSIONS PORTION" for "non-payment" of yearly fine. First, your drivers license will be suspended until paid, and if you go 24 consecutive months with "Non-Payment" and you happen to be a home owner, you will have a federal tax lien placed on your home.
You can agree to give your bank information so that they can easy "Automatically withdraw" your "penalties" weekly, bi-weekly or monthly! This by no means is "Free" or even "Affordable."
Hope makes a fine breakfast but a poor dinner.
Do you have a link handy for the “Repercussions”? I’ve never seen anything like that in any of my research... (I’ll google, but thought I’d ask...)
That little tidbit has been making the rounds through FR today but no one (that I’m aware of) has provided anything to verify its authenticity. Can this be confirmed before it’s spread all around?
Wait, I found it. Infowar crap.
Section 1501(g)(2) of the Affordable Care Act states that the IRS cannot “file notice of lien with respect to any property of a taxpayer by reason of any failure to pay the penalty imposed by this section.”
Verify first! This is B.S.
The damn thing is bad enough as it is without adding B.S into the mix.
Six hundred dollars a month with a $14K deductible?? This is tyranny!!!!