when doe jail kick in for not buying insurance?
No penalty. I’m protected by the 8% rule. And at the rate of insurance price increases, I’ll be able to earn $150k of taxable income per year without worrying about the penalty.
Jail for not paying is mindbogglingly unlikely for anyone. There is no enforcement plan yet. What is the criminal penalty for not having health insurance? I don’t believe there is one yet.
It’s kinda like when prohibition was passed. There was no mechanism by which to arrest anyone. It only allowed for the laws to be passed.
It took the Volstead act to give it teeth.
https://en.wikipedia.org/wiki/Volstead_Act
I think Obamacare is waiting for its own Volstead act...