Posted on 07/02/2013 8:11:52 AM PDT by SeekAndFind
The plan is that everybody must have insurance (less then 26 are on their parents plan). The 26 and over crowd will pay premiums at higher than required to cover the expected costs of their claims. The "excess" will feed the kitty to cover shortages resulting from senior's higher claim rate. Across the board from 26 to end of life, the rates will be higher than required to cover claims as the plan is to generate a "surplus" to cover the currently "un-insured" (healthy youngsters and the 47% free loaders).
AHC is the biggest "wealth redistribution" scheme in US history. It has very little to do with health and everything to do with liberal socialism.
Welcome to the People's commune brothers and sisters, we'll all get to Heaven in a little red boat. 53% of you, grab an oar...
Gandalf
Up your medical coverage in your auto insurance policy.
What a charming idea. The sick and injured can stay home and die, leaving behind only healthy people that don't need to go to the doctor or hospital anyway. /sarc
True, for that type of injury.
At my age, though, most medical threats come from inside.
Who is going to insure us
Pre-conditions can't be used to deny coverage. Best wishes to you.
I think you are correct. The only enforcement measure for collecting the penalty is to withold it from your tax refund so if you don’t get a refund there is no way they can collect.
Audit away! I’ll be happy to provide them with my accountant’s name and address.
Audit away! I’ll be happy to provide them with my accountant’s name and address.
You are very unusual if you welcome an IRS audit, even if you are entirely fastidious in preparing your returns (or giving the CPA information). Most people dread the stress, the implications of wrong doing, guilty until (you prove your) innocence, the contrived accusations, and the accountant’s bill.
I’m an auditor and would not be concerned with their inquiry. I pay an up front fee that covers the cost of any accountant related work that would result from an IRS audit.
A nuisance yes, but beyond that, the IRS only has teeth if there is a legitimate problem. Therein lies my comfort at the prospect.
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