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To: TomGuy

Exacta mundo here are the increases
No one knows how many Americans will be without health insurance in 2014. A 2012 estimate by the Congressional Budget Office estimated that about 30 million Americans will not have insurance in 2016, and roughly 6 million of them will face penalties. The penalties for individuals are expected to increase each year, and the uninsured will have to pay either a fee or percent of household income (whichever is greater).

In 2014, the fee is $95 per adult or 1 percent of household income.

In 2015, the fee is $325 per adult or 2 percent of household income.

In 2016, the fee is $695 per adult or 2.5 percent of household income.

So the fine is a bargain no matter what! The regime will have to bring the fine up to three or four thousand per year and then try and collect from tax refunds unless they want to sequester one’s paycheck! That should be real winner! Many will just pay fines forever since they can sing up anyway if they get sick.


51 posted on 10/27/2013 6:59:45 AM PDT by rodguy911 (FreeRepublic:Land of the Free because of the Brave--Sarah Palin our secret weapon)
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To: rodguy911
and then try and collect from tax refunds

That is one of those 'we gotta pass it to find out what is in it' gotchas.

The current law apparently says collection will ONLY come from tax refunds. You can bet Congress will slip an amendent in some new monstrosity omni-bill to adjust that provision.
56 posted on 10/27/2013 7:06:32 AM PDT by TomGuy (.)
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