Author Topic: Most Popular Question at How to Get Exemption From Lack-of-Coverage Penalty Fee?  (Read 330 times)

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Most Popular Question at How to Get Exemption From Lack-of-Coverage Penalty Fee?
Jeryl Bier
September 30, 2013 12:25 PM

One day away from the launch of the Obamacare marketplaces, the question most on the minds people visiting the website is not about coverage, but rather about avoiding the penalty, or tax, for not having health insurance. As of Monday morning, here is how the website listed its "Most Popular" items:

As the website explains, the fee (tax) in 2014 is 1 percent of annual income or $95 per person, whichever is higher. The fee increases each year. By 2016 it increases to 2.5 percent of income or $695 per person, whichever is higher.

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Offline GourmetDan

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Even in 2016 and later, the penalty will be less than actually buying insurance...

"The heart of the wise inclines to the right, but the heart of the fool to the left." - Ecclesiastes 10:2

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Offline massadvj

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Dear Millennials:

Don't even bother trying to become upwardly mobile in the society we have created for you.  We start you off with $80K in college loan debt, then we saddle you with OPapaCare, capital gains treated as regular income, high income taxes, and ridiculous regulations on every activity you might engage in.  This is what you call "the deck being stacked against you."  Now, don't get me wrong, you voted for the pr&*ck, so you deserve all you are getting.  But young people are entitled to make a few mistakes.  That's why we send you to college instead of directly into the workforce.  Just remember it's the Tea Party trying to bail you out.

That said, this "last stand" is not likely to succeed, so my advice is to just play video games for the rest of your lives.  You're going to find the virtual world much more to your liking than the real one.  In fact, from what I hear you do already, so just stay in cyberspace and scam the government for all you can get.


A "Heartless" Tea Party Guy Who Warned You You Were Being Conned
« Last Edit: September 30, 2013, 01:28:33 PM by massadvj »
"She only coughs when she lies."

Offline Cincinnatus

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Well said, Massadvj.
We shall never be abandoned by Heaven while we act worthy of its aid ~~ Samuel Adams

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