Skip to comments.IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family
Posted on 02/01/2013 11:38:38 AM PST by SoFloFreeper
In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.
Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.
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.
(Excerpt) Read more at cnsnews.com ...
Pretty damn significant difference between the assclown's promise of "lower insurance" and the reality, isn't it?
I can hardly wait for this to be on the network news.
If true, this is obviously beyond the reach of millions of people.
After the outrage will be an easy sell to single payer system. Mission accomplished.
Thanks a lot Congress.
If these policies are going to cost that much, I can see millions saying blank this,and pay the penalty instead.
But if millions decide not to be insured, won’t that defeat the promise of Obamacare, that everyone will have health insurance???
Also, little noted in last year’s Supreme Court decision, was that states can opt out of the Medicaid expansion. There too, we could still see many millions uninsured. Add in the illegal aliens, whom Obama assured us were not to be covered by Obamacare, and you will still see tens of millions of uninsured clogging emergency rooms, with the rest of us holding the bag.
Instead of pushing Illegal Alien Amnesty, the GOP should be fighting ObamaCare.
Or, does the GOP plan to put all Illegal Aliens on ObamaCare?
Our family plan, typical 80/20. med, eyes, dental, script card, and 100 deduct costs 20,000. I bet (if this is true) the govt plan won’t be nearly as good as any private plan. Remember when they were saying $999/person/year; ya right.
If anyone thinks people will be paying this much, stand on your head.
It’s supposed to be this high so people can’t pay it and they’ll get the “free” version once the government can rescue the underclasses from the oppressive 0.01% of the “rich” that are hoarding all the healthcare.
That’s the amount that a working family will pay so that the indolent democrat-voters will get theirs “free”.
Do you think that finally the American voters will get their heads out of their a$$e$ and realize what a big mistake they made?
( I don’t)
It will be subsidized heavily so the poor can afford it...
But hey, that’s only the bottom of the barrel bronze plan...
Imagine what the platinum top plan costs...
Of course we will soon hear how those numbers are way off, and the IRS made an error, etc.
Wouldn't it have been much easier and cheaper to pass around the proverbial hat to just pay the insurance of these 10 million new patients? There will be riots...
I am of the opinion that we cannot afford the medical technology that has been developed. Sooner of later we are going to have to face up to that reality.
“I bet (if this is true) the govt plan wont be nearly as good as any private plan.”
You are absolutely right. The IRS estimates of $20,000 a year were made for the BRONZE plan. This is the worst of the four plans that will be permissible under Obamacare. This plan pays about 60% of medical costs. One significant surgery that requires 4 days in the hospital will have most families considering bankruptcy under the BRONZE plan.
This will be the catalyst for several disruptions to the economy that will result in tremendous inflation over the next several years and an effort on the part of employers to reduce the number of employees covered by the law.
Wages will have to skyrocket in order for working people to pay the outrageous insurance premiums or the alternate fines.
Companies will have to increase prices to cover the cost of higher wages as well as the costs of their contributions.
And, at the same time, companies will seek every possible way to reduce employment, lessening their healthcare related costs. They will automate, downsize, sub-contract, move out of the USA, etc.
Thanks to Obama, within five years American prosperity will be a vague memory.
“It will be subsidized heavily so the poor can afford it..”
Can you say ‘vouchers’? I knew you could....
Insurance isn’t cheap.
per person it will probably be like 4 to 5 grand a year. that’s not that much.
an MRI cost like 2-3 grand alone
ObamaCare’s Broken Promises: Every one of the law’s main claims turning out to be false.
It doesnt matter to leftists. INTENTIONS are all that matter, results do not.
it is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. Thomas Sowell
Like anything else, far more people could afford it if the government did not distort the health insurance market.
I don’t think the search works for 3-letter words, FWIW.
IRS: Cheapest 0hbamacare Plan Will Be $20,000 Per Family
Check out article, and comments # 1 through 16.