quote:

ORIGINAL: Moonhead

So remind me which party was rabidly opposed to the inclusion of a single payer provision in the ACA to prevent this sort of thing?

quote:

ORIGINAL: Yachtie

Here's the IRS via CNSNEWS on Obamacare -

For those wondering how clear the IRS's clarifications of this new "penalty" rule are, here is one of the actual examples the IRS gives:

“Example 3. Family without minimum essential coverage.

"(i) In 2016, Taxpayers H and J are married and file a joint return. H and J have three children: K, age 21, L, age 15, and M, age 10. No member of the family has minimum essential coverage for any month in 2016. H and J’s household income is $120,000. H and J’s applicable filing threshold is $24,000. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.

"(ii) For each month in 2016, under paragraphs (b)(2)(ii) and (b)(2)(iii) of this section, the applicable dollar amount is $2,780 (($695 x 3 adults) + (($695/2) x 2 children)). Under paragraph (b)(2)(i) of this section, the flat dollar amount is $2,085 (the lesser of $2,780 and $2,085 ($695 x 3)). Under paragraph (b)(3) of this section, the excess income amount is $2,400 (($120,000 - $24,000) x 0.025). Therefore, under paragraph (b)(1) of this section, the monthly penalty amount is $200 (the greater of $173.75 ($2,085/12) or $200 ($2,400/12)).

"(iii) The sum of the monthly penalty amounts is $2,400 ($200 x 12). The sum of the monthly national average bronze plan premiums is $20,000 ($20,000/12 x 12). Therefore, under paragraph (a) of this section, the shared responsibility payment imposed on H and J for 2016 is $2,400 (the lesser of $2,400 or $20,000).” (bolding added)



Quite cost effective 20K/year for a family of 4-5. [8|] or the penalty, er, tax, and get nothing[8D]

enjoy[:D]

quote:

ORIGINAL: Fellow

It was understood from the start Obamacare was designed as a corporate welfare program to insurance companies and as the evolution of the medical racket in general. Now when it becomes evident some pretend to be surprised.

quote:

ORIGINAL: LookieNoNookie


Those are some pretty fucking odd names for children.

quote:

ORIGINAL: MrRodgers
Well this just 'shows to go ya'...even the Heritage Foundation but of course as one was to expect, the repub counter to 'Hillarycare' in 92-93...was very complicated and flawed. (samething kinkroids)
I rather regulate providers and suppliers (as other countries) away from the American tradition of maximized profits, pay 1/2 as much as Americans and...live 3-4 years longer. How 'bout you ?
Rather this is the cost of doing business...the 'American' way.
As I've tried to tell you here, there is no such thing as 'reform' in America. Govt. is lobbied to simply re-arrange the profit structure and they being still maximized and the great capitalist proletariat long since too poor to afford it (without debt and bankruptcies)...engage uncle sam to fill in the gap.

quote:

ORIGINAL: Yachtie

Here's the IRS via CNSNEWS on Obamacare -

For those wondering how clear the IRS's clarifications of this new "penalty" rule are, here is one of the actual examples the IRS gives:

“Example 3. Family without minimum essential coverage.

"(i) In 2016, Taxpayers H and J are married and file a joint return. H and J have three children: K, age 21, L, age 15, and M, age 10. No member of the family has minimum essential coverage for any month in 2016. H and J’s household income is $120,000. H and J’s applicable filing threshold is $24,000. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.

"(ii) For each month in 2016, under paragraphs (b)(2)(ii) and (b)(2)(iii) of this section, the applicable dollar amount is $2,780 (($695 x 3 adults) + (($695/2) x 2 children)). Under paragraph (b)(2)(i) of this section, the flat dollar amount is $2,085 (the lesser of $2,780 and $2,085 ($695 x 3)). Under paragraph (b)(3) of this section, the excess income amount is $2,400 (($120,000 - $24,000) x 0.025). Therefore, under paragraph (b)(1) of this section, the monthly penalty amount is $200 (the greater of $173.75 ($2,085/12) or $200 ($2,400/12)).

"(iii) The sum of the monthly penalty amounts is $2,400 ($200 x 12). The sum of the monthly national average bronze plan premiums is $20,000 ($20,000/12 x 12). Therefore, under paragraph (a) of this section, the shared responsibility payment imposed on H and J for 2016 is $2,400 (the lesser of $2,400 or $20,000).” (bolding added)



Quite cost effective 20K/year for a family of 4-5. [8|] or the penalty, er, tax, and get nothing[8D]

enjoy[:D]

quote:

ORIGINAL: fmfclwu
Funny, this thread got to 14 posts without anyone pointing out that the OP mistook a hypothetical number the IRS pulled out of its ass for a real study of health insurance plan costs.

quote:

The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan... “The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.

quote:

ORIGINAL: fmfclwu

Funny, this thread got to 14 posts without anyone pointing out that the OP mistook a hypothetical number the IRS pulled out of its ass for a real study of health insurance plan costs.

quote:

ORIGINAL: DomYngBlk
You are wanting tears for someone pulling down 120,000 a year? Fuck me..lol.........gotta be kidding

quote:

ORIGINAL: JeffBC

quote:

ORIGINAL: DomYngBlk
You are wanting tears for someone pulling down 120,000 a year? Fuck me..lol.........gotta be kidding

LOL... this is America. We don't care about the poor, the homeless, the starving. But yeah... once you get up to maybe 100k or year or more you start being a person so people care. When you're a banker you qualify for welfare.

quote:

ORIGINAL: jlf1961

quote:

ORIGINAL: fmfclwu
Funny, this thread got to 14 posts without anyone pointing out that the OP mistook a hypothetical number the IRS pulled out of its ass for a real study of health insurance plan costs.

I wish people would quit pointing out the obvious, by doing that you force the thread to take a turn into a meaningful discussion of the problem....
We cannot have meaningful discussions here, it upsets the delicate digestive systems of some of the more lunatic of posters, which results in a flood of written diarrhea that gets worse with each passing minute.
As for Obamacare, some of the plan makes sense, the mandate however is bullshit. The Republicans came up with it when Clinton was pushing for health care reform and the dems resurrected it for Obama care.
If anyone came up with a workable plan for health care reform that every side agreed with, the following day the planet would get hit with an asteroid the size of New Zealand.