Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Well I'm covered by a group plan so I'm insulated from Obamacare until 2015 but seems to me paying the penalty is the way go for young people not covered by such a plan. Since you can get insurance with pre-existing condition you just buy it when you get sick. Am I missing something?
Sure, you just wait until you get really sick, and then you wait some more for the new policy to become effective and if you are still alive, you go to the hospital for treatment
Last edited by Finn_Jarber; 10-31-2013 at 08:09 AM..
This has already been covered extensively. It is entirely your decision to purchase insurance or not.
Your penalty will be totally dependent to your individual circumstance...
While that is basically true . . . the penalty goes up. So during the first year, the penalty isn't that much of a hit for a single person.
But here is what has NOT been openly discussed. The penalty is based on a FORMULA - it is a not a flat fee. The FEE folks hear about simply means . . . you will pay at least that fee, and if the formula results in a HIGHER fee, then you will pay that amount.
And it isn't as though you get to "mail that penalty check into the IRS." Nope. The amount you owe for not buying insurance will be WITHHELD, by law, by the IRS. So if you are expecting a tax refund . . . whatever your fee is will be WITHHELD by the IRS.
So that could get quite expensive . . . especially to folks counting on a tax refund.
Not the point. Sorry! So you're currently covered by your employer. At issue is the promise that your insurance won't be touched under those circumstances. The point is, given the other lies, do you really believe that? If so, let's talk bridges. Such a deal I have for you!
While that is basically true . . . the penalty goes up. So during the first year, the penalty isn't that much of a hit for a single person.
But here is what has NOT been openly discussed. The penalty is based on a FORMULA - it is a not a flat fee. The FEE folks hear about simply means . . . you will pay at least that fee, and if the formula results in a HIGHER fee, then you will pay that amount.
And it isn't as though you get to "mail that penalty check into the IRS." Nope. The amount you owe for not buying insurance will be WITHHELD, by law, by the IRS. So if you are expecting a tax refund . . . whatever your fee is will be WITHHELD by the IRS.
So that could get quite expensive . . . especially to folks counting on a tax refund.
Yes, you are. While one can get insurance if you have pre-existing conditions, you can't get insurance instantly or retroactively.
Also, while an insurance company may have to give you insurance, you may pay more if you have a pre-existing condition.
So basically say I go for my annual check up and something amiss is discovered and he gives me a referral to specialist. I simply sign up for insurance before my specialist visit.
The only flaw in this plan is what you cited, the event I'm a victim of some trauma. Since charity care is suspected to go down because of Obamacare the odds of a hospital picking up the tab are better than before. A chance many people would take.
Not the point. Sorry! So you're currently covered by your employer. At issue is the promise that your insurance won't be touched under those circumstances. The point is, given the other lies, do you really believe that? If so, let's talk bridges. Such a deal I have for you!
Ok I said currently insulated, I'm sure Obamacare surprises abound related to employer mandate, hence the delay.
This has already been covered extensively. It is entirely your decision to purchase insurance or not.
Your penalty will be totally dependent to your individual circumstance...
You mean that if you make to much your "penalty" (I thought that the One said it was a tax) your "penalty" rises. Sort of like being forced into something you do not want or need.
Hey, I just defined Obamacare: something you don't want or need. At least from the government.
Sure, you just wait until you get really sick, and then you wait some more for the new policy to become effective and if you are still alive, you go to the hospital for treatment Good thinking. You must be a professional leech.
Why should I be forced to pay for old people? I want to save my money and build my future for me and my family.
So basically say I go for my annual check up and something amiss is discovered and he gives me a referral to specialist. I simply sign up for insurance before my specialist visit.
The only flaw in this plan is what you cited, the event I'm a victim of some trauma. Since charity care is suspected to go down because of Obamacare the odds of a hospital picking up the tab are better than before. A chance many people would take.
Hospitals don't pick up the tab. The rest of us do. We pay higher prices for services, we pay higher premiums for insurance.
I thought you conservatives were all about personal accountability?
While that is basically true . . . the penalty goes up. So during the first year, the penalty isn't that much of a hit for a single person.
But here is what has NOT been openly discussed. The penalty is based on a FORMULA - it is a not a flat fee. The FEE folks hear about simply means . . . you will pay at least that fee, and if the formula results in a HIGHER fee, then you will pay that amount.
And it isn't as though you get to "mail that penalty check into the IRS." Nope. The amount you owe for not buying insurance will be WITHHELD, by law, by the IRS. So if you are expecting a tax refund . . . whatever your fee is will be WITHHELD by the IRS.
So that could get quite expensive . . . especially to folks counting on a tax refund.
Adjust your with holding on your pay check to the level where you would not be expecting a refund. What are they going to with hold then?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
) your "penalty" rises. Sort of like being forced into something you do not want or need.
