IRS:Cheapest Obamacare Plan Will Be $20,000 Per Family [ Soon the Penalty will match that figure ]

cnsnews.com ^ | Jan 31 ,2013 Flash Back | cnsnews.com

[NoLibZone]

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.

[Jabba the Nutt]

Once a Republican President, Senate and House are inplace, Roberts should be impeached. He has confessed that he does not have the judicial temperment required to be on the Supreme Court, because he admitted he was influenced by outside forces.

[RobertClark]

This will lead to further redistribution.

BINGO! Imagine the total of the tax credits that are going to be issued to the 51% !!!

[Zhang Fei]

WaPo has a good article on what Obamacare will mean for different classes of taxpayers.

[deadrock]

There will never be another civil war. There will be pockets of resistance, and they will be crushed.

[Domandred]

$20,000 for two adults and 3 children? That is over half of my total household income. Their gonna have to come collect it, and come heavy, because I will not comply.

[Biggirl]

Folks will simply not comply in regards to gun control. Both efforts will fail.

[Biggirl]

I am confident it will occur in my lifetime.

[GeronL]

Noone can afford this

which was their goal

[Biggirl]

.....Or his wife and children were lets just say threatened.

[Biggirl]

Yet their are ciminals that do stil have guns.

[sand88]

There will never be another civil war. There will be pockets of resistance, and they will be crushed.

Correct. The only way that the Federal leviathan can ever be as our Founders intended is for some big event to occur that will compel the several States to undertake Constitutional action to eliminate much of the Federal government in short order.

We can never "legislate" our way back to Liberty and limited government.

My reading of history says that Liberty is never attained over an extended time (decades rollback of govt), but only within a short time period (few years max).

What the big event is that will allow the flowering of Liberty is unknown at this time.

I believe within 12 years the event will happen -- let's pray the path is taken to Liberty and not a totalitarian dictatorship.

[Caipirabob]

Anyone know exactly what elements of Obamacare kick in in 2014 & 2016?

Something about free train rides and ovens, but I didn't read the other 4,000 pages.

[Froggie]

Who the heck uses that much health care in any given year?

If course your family nor many families will use that amount in a year.... but the illegal aliens, dead beats, drug addicts and general riff-raff will chew up all that money and never look back... Oh, and they pay the fine for not having insurance themselves? That is laughable on it’s face ...they don’t pay taxes anyway but they are going to pay some nebulous fine? NOT gonna happen...

A taxpayer revolt MUST occur for this situation to be turned around since the Supreme Court acted more like Diana Ross and the Supremes rather than the jurists and constitutional protectors they are sworn to be !!

[Nowhere Man]

.....Or his wife and children were lets just say threatened.

I would not put anything past them. Either Roberts is really dumb, got paid off and/or threatened with something. That's the only thing I can come up with.

[The_Media_never_lie]

Roberts was blackmailed by the machine.

[Graybeard58]

OK, so you “spent” 82 grand in one bad three-day period.

1. If you were paying cash, you probably could have gotten it for half that.

2. If you add all your medical expenses for any ten-year period including that episode, do they come anywhere $200,000?

I'm sure it's not the norm but my wife had a three year period where she had three separate surgeries. One on her spine, one on her neck through her throat and one through the back of her neck.

Like I said, she may be the exception to the rule but her surgeries, hospital stays and related expenses were around a half million dollars. I'm blessed that we had good insurance, as even half that amount would have been ruinous. In addition, her private employer, (non union) generously continued her salary, in full, for an entire year, until she returned to work.

I'm certainly not looking for an argument, I know insurance is one big racket and drives up the cost of health care outrageously, generally speaking, we are in agreement.