Skip to comments.IRS: Obamacare Cheapest Plan $20,000 Per Family in 2016
Posted on 03/05/2014 11:58:45 AM PST by kcvl
(CNSNews.com) 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. The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000, the regulation says.
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If they had to pay it this year they might decide to stop voting for Democrats too soon for it all to be irreversible.
Sounds like it just came out. So I guess people will have to pay their rent and mortgage, and their health insurance, and then the money will be gone. No need for food, utilities, clothing, transportation, etc. But it’s all good, because they all had “junk” plans before.
This will NEVER happen. Most American families live paycheck to paycheck.
I predict less paychecks
Articles containing this gem have appeared several times on FR. This 20k won’t be going into retirement plans or cars or durable goods. It will utterly destroy the home market. According to my Google search 75% of all income earners are living paycheck to paycheck. So, they can’t afford anything more than they’re buying right now. That is the plan’s true Achilles heal.
But on the bright side, every member of the family will have their abortions covered.
Look on the bright side, Comrade.
Democrat crony’s are going to get FILTHY STINKING RICH, Media will play along, or they won’t get any propaganda ad money, and all of those SEIU/OFA Orgs are going to have millions to plow into Democrat Campaigns!
And after all, aren’t financing Corrupt Socialist Dem campaigns all that really matters?
Come and take it!
F U B O!
I will not comply. You hear that John Roberts?
If that is the case, then they won’t have to buy a plan. If the cheapest plan if more than 8% of your AGI, you are exempt from the penalty.
It’s not the Achilles Heal. It’s been the PLAN from the beginning.
Can’t pay the high premiums? Fine, we have a alternative for you. Payroll deductions. They will force you to comply with a government tax for healthcare you will get at the local Government run Clinic, with Imported Doctors working for Dr. Sugar.
You’ve got to remember, Most will look to the Government to fix this. They don’t have the capacity to figure out who caused the problem to begin with.
No wonder they want to boost the minimum wage...
Ah grasshopper, you have learned much...
NOBODY has this kind of extra money.
This whole Obamacare fiasco is so completely out of bounds of reality, I can’t help but see it as designed to fail as massively as possible no matter how people try to comply. I just don’t believe we’re seeing incompetence - instead, I think we’re seeing incompetence being used as a cover for treason. Obamacare IS ClowardPiven right in everyone’s face. It’s not just designed to deny medical care, but to also make criminals out of everyone and destroy the medical insurance field in its totality. All three together are designed to cripple the country. And that’s only ONE of the plays these Rat bastards are running right now. On top of that they’re starting to kick in doors of family homes with military personnel looking for guns, as well as close down all of the energy producing sources in the country in the name of a gross rape of science.
And people care about the freaking Oscars?
Date on the article was back in January, we must have all missed it I guess.
the elite media is not including the deductable in the calculus. It is in essence the same as not having insurance.
Before Obamacare I couldn’t afford health insurance.
Now I still can’t afford health insurance but now I have to pay a fine for not beign able to afford it.
I’d say that 20K in 2016 will reach “Cadillac” proportions in 2018. $10.2K for singles and $27.5K for families in 2018 is the treshold then you get hit with the 40% excise tax.
That right there will fix this proper like! /s
Hard to make parole deductions when nobody’s working. Due to government regulations most of us will be like the old Soviets, standing on a street corner with a toolbox and a sign reading, “Plumbing for cash.”
Once you subtract my rent, this insurance plan (we have 3 kids), and our tithe we’re left with 251/month. That won’t even cover the electric bill which will continue to rise with the war on coal. In my last post I wrote, “I will not comply.” And while that was a statement of defiance against tyranny, really it’s just saying I can’t afford to comply.
Thanks for this heads up on Obama Socialized Health Insurance Tax, affectionally called “OSHIT.”
And the Rats are freeing them by liberating the people of all those pesky decisions about how to spend their money. See how free you will be?
And don’t forget free gender reassignment surgery and hormone therapy.
Anyone who votes democrat is an absolute raving maniac.
And we know that he never lies.
I’ve heard this.
So $1666.66 per month, sure thats “affordable”
The incentive is not to work and have someone else pick up the bill. When no one is working whose going to pick up the bill. Who can save?
The plan is to put everyone who can’t afford $20k for insurance on socialized medicine.
That is fine if you can’t afford the insurance, but what do you do if you get in an accident or suffer a catostrophic illness?
Which companies do I invest in to make money off of Obamacare? Somewhere somembody is going to make a great return?
NOT for the EXEMPT Congress, their staff,
or any Moslem, of course.
Obamacare isn’t about Healthcare.
It’s a poorly designed scam to vaguely disguise the biggest wealth redistribution in the known history of the world.
You’ll get emergent care for the accident (and a huge bill), but a long, drawn-out illness will be a real problem.
ObamaCARE, like RomneyCARE, was designed by
people who actually hate Americans and doctors/nurses.
Exactly. A bronze plan has a VERY high deductible. Enough that there is no way the average family could afford it.
Just how much birth control and how many abortions does that cover!
The plan is to make insurance so high that only the very wealthy can afford it. Then when the people cry out, the Rats will come out with a “solution”. That solution will be socialized medicine.
This farce health care will be in a shambles by the end of 2014. Paperwork for medical billings is already falling apart.
This is much more disturbing when you think about the many millions that are getting totally free Medicaid, at $20,000.00 a pop..
You had better get a 2nd, and 3rd job so they can live a healthier life, longer.. yep
“The plan is to put everyone who cant afford $20k for insurance on socialized medicine.”
Wouldn’t matter if it were 30,000,000.
The Ophonybama Administration may become the best FairTax salesman yet!
Just like the Ophonybama Administration became the best guns ‘n ammo salesman yet!
Somehow, someway, we have to use the Ophonybama Administration’s ongoing and continuing assaults on our FReedoms and Liberties to roll the tide back!
Help us restore our FReedoms and Liberties! Help us pass the FAirTax. Go to http://www.fairtax.org to find out how you can help!
I’m on board with the fairtax except for all of that prebate nonsense.
This is not just about money.
People have already been essentially state-murdered
by the DNC and ObamaCARE.
And soon there will be a gout of needless deaths
by the state based upon Obama’s lies and Pelosi’s perjury.