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Penalty fees for uninsured
under ´Obamacare´ might
be higher than you think

Post & Courier [Charleston, SC], by Lauren Sausser

Original Article

Posted By:Attercliffe, 3/25/2014 2:37:00 PM

If you still need to buy health insurance, the clock is ticking. Most residents shouldn´t worry about Obamacare´s March 31 deadline because they´re already insured, many of them through their employer, or by Medicare or Medicaid, but those who aren´t could face a fine for failing to enroll in a plan by Monday. This penalty, officially called the "individual shared responsibility payment," is $95 per adult and $47.50 per child, or 1 percent of your household´s annual income. Many consumers don´t realize that the penalty they will owe is whichever of those two amounts is greater, said Colin Smoak, an

Comments:
THIS is what Drudge is talking about. Dontcha love that term--individual shared responsibility payment? It´s a PENALTY, a FINE if you like. Who thought up that prime example of Orwellian Obamaspeak? It´s every bit as good as NICE (the British National Health Service´s National Institute of Clinical Excellence, which decides who gets what treatments or drugs and heaven help you if you´re past the age limit). Watch the machinery jam up when THIS bit of info goes viral--all those shrieking OMG, thought it was only $95!

If you have difficulty accessing the article, please try:

http://tinyurl.com/lmf3l46

      


Post Reply  

Reply 1 - Posted by: comstock, 3/25/2014 3:01:41 PM     (No. 9783823)

High earners may be better off buying the cheapest Bronze Plan than paying the fine. For example, if your annual income (however they compute that) is $1 million the fine this year comes to $10K, in a couple of years it will be $25K. That´s one way to increase enrollment. The Obamacare allocates ought to welcome that.

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Reply 2 - Posted by: Ribicon, 3/25/2014 3:01:49 PM     (No. 9783824)

"John Roberts is the kindest, bravest, warmest, most wonderful human being I´ve ever known in my life."

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Reply 3 - Posted by: Axeman, 3/25/2014 3:03:20 PM     (No. 9783828)

Justice Roberts says it´s a TAX.TAX,TAX,TAX!
The power to tax is the power to destroy.

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Reply 4 - Posted by: jackson, 3/25/2014 3:29:12 PM     (No. 9783860)

Roberts called it politics and threw it back to Congress to destroy it. But the Republicans only talk... They do nothing! They stop nothing! They cure nothing! (Apologies to George C. Scott)

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