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Either the family has to pay it, or (as the example implies) some other taxpayer will have to pay a large chunk of the guy's costs in addition to the taxpayers's own $20,000 costs!
So, again, liberals, where do you expect families to find this extra $20,000/year to pay for the health care coverage you are forcing on them?
Example 2. Married employee with dependents. Taxpayers B and C are married and file a joint return for 2016. B and C have two children, D and E. In November 2015, B is eligible to enroll in self-only coverage under a plan offered by B’s employer for calendar year 2016 at a cost of $5,000 to B. C, D, and E are eligible to enroll in family coverage under the same plan for 2016 at a cost of $20,000 to B. B, C, D, and E’s household income is $90,000. Under paragraph (e)(3)(ii)(A) of this section, B's required contribution is B's share of the cost for self-only coverage, $5,000. Under paragraph (e)(1) of this section, B has affordable coverage for 2016 because B’s required contribution ($5,000) does not exceed 8 percent of B’s household income ($7,200). Under paragraph (e)(3)(ii)(B) of this section, the required contribution for C, D, and E is B's share of the cost for family coverage, $20,000. Under paragraph (e)(1) of this section, C, D, and E lack affordable coverage for 2016 because their required contribution ($20,000) exceeds 8 percent of their household income ($7,200).
What you have posted is an example showing that C, D & E would be exempt, because the cost of the employer-provided insurance exceeds 8% of their household income.
Either the family has to pay it, or (as the example implies) some other taxpayer will have to pay a large chunk of the guy's costs in addition to the taxpayers's own $20,000 costs!
So, again, liberals, where do you expect families to find this extra $20,000/year to pay for the health care coverage you are forcing on them?
Oh my god. Is that how fringe website's get their info? From an example used to clarify rules?
Thread title says: "Cheapest Obamacare Plan Will Be $20,000 Per Family."
Hypothetical example says: "The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000."
When you figure out the difference between a "cheapest" plan and an "average" plan, then you will have risen to the conceptual level of a third grader and we will no longer be obligated to call you names and laugh at you behind your back.
And the fines for not buying that "$20,000" policy are between $695 & $3,000 depending upon your Net Income.
Someone has to pay the difference
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are between $695 & $3,000 depending upon your Net Income.
