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by Syntyr
Fri Nov 18, 2016 10:04 am
Forum: Off-Topic
Topic: Obamacare Fines For Not Signing On
Replies: 20
Views: 3268

Re: Obamacare Fines For Not Signing On

anygunanywhere wrote:
nightmare69 wrote:When asked the question on Turbo Tax I said I had insurance all year. I have never lied on taxes until last year to avoid being penalized. Obamacare would have cost me nearly half my income when I was only working part-time so I had to go without. I'm not paying a penalty because I couldn't afford insurance.
But....but....the subsidies!
Yep. That works so well for people like my sister who dont make enough that a tax rebate helps. Just more money out of her pocket and she still doesnt have insurance.
by Syntyr
Fri Nov 18, 2016 10:02 am
Forum: Off-Topic
Topic: Obamacare Fines For Not Signing On
Replies: 20
Views: 3268

Re: Obamacare Fines For Not Signing On

Soccerdad1995 wrote:
Syntyr wrote:For 2016, the fee is $695 or 2.5% of your income — whichever is higher
Basing the fee on income levels makes it clear that this was never about making sure that people don't just wait until they get sick to sign up for coverage.

Do we have any specifics on Trump's plans for replacing the Unaffordable Care Act? I have heard him say that he wants to keep the requirement for covering pre-existing conditions, and insurance for kids up to 26, but I haven't heard anything else. I sure hope he is able to get rid of the mandate, since I believe it is unconstitutional. I'm just not sure how you keep pre-existing conditions and get rid of the mandate without sending premiums up even higher than they are now.
Exactly. Nothing that I have heard so far. The mandate is what just makes me mad. I have never gone without insurance but to make me HAVE to purchase a product just because I am alive! Really burns me up! :mad5 :mad5 :mad5
by Syntyr
Fri Nov 18, 2016 9:32 am
Forum: Off-Topic
Topic: Obamacare Fines For Not Signing On
Replies: 20
Views: 3268

Re: Obamacare Fines For Not Signing On

For 2016, the fee is $695 or 2.5% of your income — whichever is higher

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