OBAMACARE Reality Shockwave Has BEGUN... | |
Anonymous Coward User ID: 2185350 United States 10/02/2013 01:55 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 21201441 United States 10/02/2013 01:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 43080811 United States 10/02/2013 01:59 AM Report Abusive Post Report Copyright Violation | I just saw a repost from a Facebook page - An alleged comment on the Affordable Care Act FB page states that a person had signed up online, under the $45-55,000 income range, pre-existing condition of type I diabetes. They chose the "Silver" plan... Quoting: Geo777 Their premium came back as $597 per month, with an almost $14,000 annual deductible! And when the person clicked the "opt out" option, they shortly received an e-mail stating that their fine would be $4,037, and could be attached to their annual tax return. And if you don't have the $4,037 on time, then the repercussions for non-payment begin with your drivers license being suspended until the fine is paid, and if it goes 24 months without payment, a tax lien is placed on you property. It gives you the option to provide your bank info so your penalties can be withdrawn weekly, or biweekly, etc. That comes out to about $350/month for not opting in, or $597 plus pretty much all your medical expenses for the year out of pocket (deductible) - unless you have some type of major surgery or catstrophic illness, which you then get to cough up $14,000 plus your monthly payments for. If you get that sick, do they suddenly put you on the financial assistance/reduced raters, since you obviously cannot work? |
Anonymous Coward (OP) User ID: 21201441 United States 10/02/2013 02:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 47633028 United States 10/02/2013 02:11 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 47731147 United States 10/02/2013 02:13 AM Report Abusive Post Report Copyright Violation | I just saw a repost from a Facebook page - An alleged comment on the Affordable Care Act FB page states that a person had signed up online, under the $45-55,000 income range, pre-existing condition of type I diabetes. They chose the "Silver" plan... Quoting: Geo777 Their premium came back as $597 per month, with an almost $14,000 annual deductible! And when the person clicked the "opt out" option, they shortly received an e-mail stating that their fine would be $4,037, and could be attached to their annual tax return. And if you don't have the $4,037 on time, then the repercussions for non-payment begin with your drivers license being suspended until the fine is paid, and if it goes 24 months without payment, a tax lien is placed on you property. It gives you the option to provide your bank info so your penalties can be withdrawn weekly, or biweekly, etc. That comes out to about $350/month for not opting in, or $597 plus pretty much all your medical expenses for the year out of pocket (deductible) - unless you have some type of major surgery or catstrophic illness, which you then get to cough up $14,000 plus your monthly payments for. If you get that sick, do they suddenly put you on the financial assistance/reduced raters, since you obviously cannot work? How can they be fined? I don't get it. Isn't it just 95 bucks in 2014? |
Anonymous Coward User ID: 47731147 United States 10/02/2013 02:19 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 47673265 United States 10/02/2013 02:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 47673265 United States 10/02/2013 02:24 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 47070755 United States 10/02/2013 02:59 AM Report Abusive Post Report Copyright Violation | I found this, does it help? "7. Will I really have to pay a fine if I opt out? Maybe. Most Americans must have health insurance by March 31, 2014 (and report it on their tax return). If not, a penalty will be added to your tax bill: the greater of $95 per adult or 1% of household income in 2014, climbing to $695 per adult or 2.5% of income by 2016. But some can get out of the individual mandate, including anyone who earns too little to file a tax return. Higher earners will have an escape hatch too. If you must spend more than 8% of your income to buy the cheapest bronze plan in your area, you're off the hook." [link to money.cnn.com] |
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