In other words, what do they get for that "penalty" premium and how much of their butts are left hanging out, exposed to the personal out of pocket at time of service? A "Bronze" plan must, by any common denomiator, provide less coverage than the other three metalic grades of plans!
What's left uncovered in spite of a $20,000.00 annual "penalty"/tax??? BOHICA!!!
Oh! And what's the annual salary of that IRS agent who checks your tax returns to see if you either paid enough for private insurance or paid the right "penalty" instead? I'm sure it's more than 5 times the minimum "penalty" rate!!!
What’s left uncovered in spite of a $20,000.00 annual “penalty”/tax??? BOHICA!!!
Actually the article says that the premium is $2600, if you do all the IRS bs calculations.
(ii) Under paragraph (e)(4)(ii)(C) of this section, the credit allowable under section
36B is determined pursuant to section 36B. With household income at 347 percent of
the Federal poverty line, the applicable percentage is 9.5. Because each month in 2016
is a coverage month (within the meaning of §1.36B-3(c)), the maximum credit allowable under section 36B is the excess of the premium for the applicable benchmark plan over
the product of the household income and the applicable percentage ($17,400).
Therefore, under paragraph (e)(4)(ii)(A) of this section, the required contribution for M,
N, P, and Q is $2,600. Under paragraph (f)(2) of this section, M, N, P, and Q have
affordable coverage for 2016 because their required contribution ($2,600) does not
exceed 8 percent of their household income ($6,400).
The whole thing is so depressing. It’s really wearing on me.
Not for me, but for my kids and grands.