Obamacare penalties you donít hear about.
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Thread: Obamacare penalties you donít hear about.

  1. #1

    Obamacare penalties you donít hear about.

    Obamacare penalties you donít hear about.

    "The penalty of $95 for the first year, that is floating around, is a bit misleading. It is actually $95 per adult, plus half that price for each child (up to $285), or 1 percent of household income, whichever is greater.

    So for a family making $40K with two kids, who can't afford the $165 per month for health care (almost $2000 per year cut in their take home if they purchase it), they will pay a $285 penalty. But wait, 1% of their income is actually $400, so isn't that what they will pay? It's the greater amount.

    In 2015 they will watch that increase to a penalty of 2.0% of household income ($800) or $325 per adult and $162.50 per child ($975 per family), whichever is greater.

    And, in 2016 it will be 2.5% of household income ($1000) or $695 per adult and $347.50 per child (up to $2,085 per family). Wow. That is not small change for a family that may be doing okay and not having to get government assistance, but just barely, depending on where in the country they live, on $40K.

    So, based on some preliminary numbers by 2016 they are almost FORCED into taking a huge chunk of their family income and purchasing insurance, because the cost of not purchasing it is about the same.

    Just how Washington DC planned it would happen."
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  3. #2
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    Not to mention the fees included, cant remember, but more less the fair share cost each adult will have to pay out of taxes, something like 50.00 per adult so the Government can fund Obama care....So, where in this was the FREE Obama promised Americans? Ill suck up the fee, my wife and son have insurance, Ill suck up the fee and still refuse to pay into obamacare at least until its taken off the books. Im boycotting this stupid law. I was looking at insurance before Obamacare and damn, its expensive, just something I CAN NOT AFFORD. Nothing about the Affordable Care Act is affordable. Just another broken system forced onto the taxpayer backs.
    Only two defining forces have ever offered to die for you, Jesus Christ and the American Soldier....One died for your soul; the other for your freedom.

  4. And what about those illegal that come in the country, it not going to be fair but then again I'm not looking to the government anyway.

  5. #4
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    Quote Originally Posted by opsspec1991 View Post
    Obamacare penalties you don’t hear about.

    "The penalty of $95 for the first year, that is floating around, is a bit misleading. It is actually $95 per adult, plus half that price for each child (up to $285), or 1 percent of household income, whichever is greater.

    So for a family making $40K with two kids, who can't afford the $165 per month for health care (almost $2000 per year cut in their take home if they purchase it), they will pay a $285 penalty. But wait, 1% of their income is actually $400, so isn't that what they will pay? It's the greater amount.

    In 2015 they will watch that increase to a penalty of 2.0% of household income ($800) or $325 per adult and $162.50 per child ($975 per family), whichever is greater.

    And, in 2016 it will be 2.5% of household income ($1000) or $695 per adult and $347.50 per child (up to $2,085 per family). Wow. That is not small change for a family that may be doing okay and not having to get government assistance, but just barely, depending on where in the country they live, on $40K.

    So, based on some preliminary numbers by 2016 they are almost FORCED into taking a huge chunk of their family income and purchasing insurance, because the cost of not purchasing it is about the same.

    Just how Washington DC planned it would happen."
    These are not fees or penalties. They are TAXES. The SCOTUS made this very clear when they re-wrote and declared Obama care Constitutional. Congress has no Constitutional authority to levy fees and/or penalties. They do have Constitutional authority to levy taxes.
    "You can get a lot accomplished if you don't care who gets the credit" - Ronald Reagan

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