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$695 or 2.5 percent - this year's fine.

Posted by robgambrill 8 years, 7 months ago to Government
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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..


All Comments

  • Posted by $ Olduglycarl 8 years, 7 months ago in reply to this comment.
    Interesting, I didn't know this. I know many retired vets that attend our local old car shows and they are covered by the VA...maybe because they've been in the system for a long time?
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  • Posted by johnpe1 8 years, 7 months ago
    I have a 42-year-old friend who cannot afford either the fine
    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
    .
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  • Posted by $ MichaelAarethun 8 years, 7 months ago in reply to this comment.
    the dirty little secret is that doesn't apply to all veterans especially retirees. They don't even have a space for that status on the application. 24 years infantry and the VA is useful only those who know who to pay off. No other explanation.
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  • Posted by strugatsky 8 years, 7 months ago in reply to this comment.
    No only the ruling class. In almost any country, when the leader is acting blatantly against the good of the citizens, the citizens revolt. In America, we bend over.
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  • Posted by $ Suzanne43 8 years, 7 months ago in reply to this comment.
    Right! Obama is the product of Liberal schools and Marxist parents. He hates this country and wants its destruction. Unfortunately, the ruling class is letting him get away with it.
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  • Posted by $ Abaco 8 years, 7 months ago
    Is there a place, a nation, left where the people understand true freedom and liberty?

    8^o
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  • Posted by Lysander 8 years, 7 months ago
    In addition, I have good, used to be great, health insurance at work. Now by 2020, we have to get rid of it or pay the Cadillac tax for being responsible and resourceful. So they are trying to pay us off, $20,000 and no retirement insurance. So part of that PROFIT, is forced purchasing (Soviet Style) and punishing (Tea tax style) all of us. Damned if you have, damned if you don't! Sounds like a bigass rock and a hard shit place?
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  • Posted by $ Radio_Randy 8 years, 7 months ago
    It's no different than a traffic ticket. It's never been about our health, but how government can squeeze a few more dollars out of us.
    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...
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  • Posted by Herb7734 8 years, 7 months ago
    Every regulation of every government since the beginning of organized humanity was for the common good if you were to believe the people in charge. There is no such thing as the "common good." There is only what is good for the individual according to his viewpoint. It is only the most freedom within any organization that makes this even possible. That is why virtually everything done in Washington is mostly irrelevant.
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  • Posted by gaiagal 8 years, 7 months ago
    What I find interesting with the penalty amounts as the government presents them is, unless one is exempt, the total penalty levied is most likely going to be higher than whatever amount is popularly quoted.

    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.
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  • Posted by Mamaemma 8 years, 7 months ago in reply to this comment.
    In the meantime, the insurance industry is making out like a bandit. I could tell you stories..........
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  • Posted by $ jdg 8 years, 7 months ago in reply to this comment.
    Yes and no. The point, I believe, is to so foul up the existing medical industry (while at the same time destroying private insurers) that in the end, the people will demand, and get, a Canadian style government monopoly. I think next year's election will decide whether that plan works or not.
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  • Posted by $ jlc 8 years, 7 months ago
    This is a crunch time for us. As a small (<50 emp) company, we were 'grandfathered' in on the ACA for a year; we were 'grandmothered' in for another year.

    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
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  • Posted by strugatsky 8 years, 7 months ago
    In summary: The American standard of living is going down. We're well on the way of joining the Third World sh*t holes. Obama's hope and dream are coming true.
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  • Posted by gerstj 8 years, 7 months ago in reply to this comment.
    Or some, at the end of their lives, decide this is the hill to die on and wait for the knock at the door.
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  • Posted by wiggys 8 years, 7 months ago
    Every person who was indigent prior to the supreme court decision is still indigent and will not be obligated to pay anything. Considering how poor the economy is the number of indigents has increased so these indigents will not have to pay anything. Then of course the number of people who do chose to work for low wages will be able to get government assistance to pay for their insurance.
    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.
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  • Posted by $ MichaelAarethun 8 years, 7 months ago in reply to this comment.
    One area of the young sort of with no insurance has to do with riding motorcycles without helmets or other suitable protective gear. Fine by me AS Long AS the get zero public assistance. when something goes wrong. Same for any high risk life style. Parachuting cost me a broken ankle and a few cracked ribs and motorcycling a broken collar bone. The only aggravation was the collar bone knitting. I had coverage. Then I went back to riding and jumping. Now in my approaching dotage i stick to safer sports like bicycling, scuba and sailing. Little common sense goes a long way and I am responsible for me. After all I'm not only 39 but an experienced 39.
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  • Posted by $ MichaelAarethun 8 years, 7 months ago in reply to this comment.
    This sort of crap makes me really really glad I did the full retirement time in the military. They already hit us for an extra $100 a month on the 'for life' program so I guess that puts us $500 in the whole for this $700 scam.

    The funny part is they haven't yet figured out a pay out system for their big miracle solution....

    It's worthless.
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  • Posted by freedomforall 8 years, 7 months ago
    Buy a lot of powder n primers instead.
    Time for the mainstream to break free and join the free black market.
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