So, under this plan you HAVE to buy insurance? I’m being completely open about this and the only person who has said anything of substance if Paul Ryan. In his presentation he said explicitly that you can choose not to buy insurance. Too much yelling and not enough substance at the moment.
In his presentation he said explicitly that you can choose not to buy insurance.
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Let’s say you lose a job with insurance and you don’t get another for 3 months. You went 3 months without insurance so when you sign up with the new plan they will charge you a 30% penalty for a year for not having coverage.
You did not choose to go without insurance, it just happened. And the penalty under Ryancare amounts to much more money for most people than the penalty under Obamacare.
It’s still a penalty for not buying insurance.