SEC. 104. INDIVIDUAL MANDATE.
7 (a) IN GENERAL.—Section 5000A(c) of the Internal
8 Revenue Code of 1986 is amended—
9 (1) in paragraph (2)(B)(iii), by striking ‘‘2.5
10 percent’’ and inserting ‘‘Zero percent’’, and
11 (2) in paragraph (3)—
12 (A) by striking ‘‘$695’’ in subparagraph
13 (A) and inserting ‘‘$0’’, and
14 (B) by striking subparagraph (D).
15 (b) EFFECTIVE DATE.—The amendments made by
16 this section shall apply to months beginning after Decem-
17 ber 31, 2015.
As I said before, they've reduced the penalty to $0, but the mandate remains. Any future Congress can choose to re-institute the fines.
You said “Instinct tells me the Senate has done the same”, I replied “They have”. What’s the problem? I’m agreeing.
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As I said before, they’ve reduced the penalty to $0, but the mandate remains. Any future Congress can choose to re-institute the fines.
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And, they will...when the next cry of ‘revenue neutral’ rears its F* head (next week probably), they’ll slip in the not restored, but INCREASED amount in some 4000pg ‘rider’.
Individual mandate penalty remains...now paid to the insurance company instead of the IRS. Penalty is 30% of the monthly premium for 12 months. If you are paying $800./mo. for your family’s policy the penalty is $240.00/mo. for 12 mo. = a $2880.00 penalty. Bogus “rework” of Obamacare...full repeal 1st.
https://www.congress.gov/bill/115th-congress/house-bill/1628/text (AHCA)
https://www.budget.senate.gov/imo/media/doc/SENATEHEALTHCARE.pdf (Senate changes to AHCA H.R. 1628)
I am assuming that the Senate document only lists their changes to the House ACHA bill, if any legislative “expert” (probably a lot FReepers know more about the Congress rules than I do) knows any different please post!