$695 or 2.5 percent - this year's fine.
Posted by robgambrill 9 years, 6 months ago to Government
The government will fine (err tax?) everyone without Obamacare $695 or 2.5% of income next year. This is for the common good.
The common good seems really good for Insurance and Health Care companies. Their profits are at an all time high.
You will need to buy insurance you may not need or want or you will have to pay the fine (uh tax). This year they seem eager to make people aware of the fine (even though the supreme court said it was a tax) to get them to comply..
The common good seems really good for Insurance and Health Care companies. Their profits are at an all time high.
You will need to buy insurance you may not need or want or you will have to pay the fine (uh tax). This year they seem eager to make people aware of the fine (even though the supreme court said it was a tax) to get them to comply..
.
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or the insurance. . he works odd jobs for ten bucks an hour
and lives out of his truck, when he's not sleeping here.
this crap is brutally illegal. -- j
.
8^o
Does anyone really believe Spokane's new bicycle helmet law was more about saving kids than it was about the fine they could collect? Give me a break...
What Obama and cronies did to cram the PPACA down the throats of the American people was pure dog and pony put on by snake oil salesmen. For the life of me I can't understand why anyone believed what he said.
The following is an excerpt from irs.gov (http://1.usa.gov/1RoKPJn) published March 20, 2014 -
If you (or any of your dependents) do not maintain coverage and do not qualify for an exemption, you will need to make an individual shared responsibility payment with your return. In general, the payment amount is either a percentage of your income or a flat dollar amount, whichever is greater. You will owe 1/12th of the annual payment for each month you (or your dependents) do not have coverage and are not exempt. The annual payment amount for 2014 is the greater of:
1 percent of your household income that is above the tax return threshold for your filing status, such as Married Filing Jointly or single, or
Your family’s flat dollar amount, which is $95 per adult and $47.50 per child, limited to a maximum of $285.
The individual shared responsibility payment is capped at the cost of the national average premium for the bronze level health plan available through the Marketplace in 2014. You will make the payment when you file your 2014 federal income tax return in 2015.
Loved the way the government made it sound as if it was $95 or 1% of your income (period) for 2014. Anything else said had the feel of a slick disclaimer in a radio ad.
This year, the grand-x-ing runs out and we have to get an ACA compliant policy for our employees. We are trying to figure out how to still provide our people with good coverage - that we can afford to pay for.
I have been keeping my eyes open for any doctors in the area offering concierge medicine, but not found any yet. For those of you who are interested, concierge med is that you pay out-of-pocket a sum per month (~$50) to a doctor practice and in return you get individualized old-fashioned medical care by the doctor. A lot of doctors are leaving their CMS based practices and either retiring or going into some form of concierge medicine.
Jan
Then you have people of my age who had no choice but to get medicare being over 65 will see their premium which is taken from the "FEDERAL BENEFIT" as it is now called versus S.S. increase on top of the fact that recipients will not be getting the cost of living increase for 2016.
The one thing that ALL of these indigent people will learn is that because they voted for 0 and love how he is changing america they will not get the same quality of service from the medical profession that they had prior SOCIALIZED MEDICINE being imposed upon the population of the usa. The end result for the government is that they will not get the revenues they expect ever.
The funny part is they haven't yet figured out a pay out system for their big miracle solution....
It's worthless.
Time for the mainstream to break free and join the free black market.
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