IRS: Cheapest Obamacare Insurance Plan Will Be $20,000/Year For Family Of Five… And if you don’t buy it the government will fine you $2,000. These are the lowest tier plans, they have huge deductibles and high co-pays. (CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2015 for a family of five 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 family of five 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 annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says. Bronze will be the lowest tier health-insurance plan available under Obamacare–after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016. Keep reading… http://cnsnews.com/news/article/irs-cheapest-obamacare-plan-will-be-20000-family
I feel sorry for any working asshole that thought that HE would get FREE health care. In reality, the only folks getting free health care are those who don't work and pay taxes.
New CBO Report Predicts 7 Million Americans Will Lose Their Employer-Based Healthcare Because Of Obamacare… “If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.” – Barack Obama, July 2009 Via Washington Examiner: President Obama famously promised Americans that if they liked their health care plan they could keep it, but a new report from the Congressional Budget Office estimates that 7 million Americans will lose employer-based insurance as a result of his national health care law. “In 2022, by CBO and JCT’s estimate, 7 million fewer people will have employment-based health insurance as a result of the Affordable Care Act,” the CBO announced in its new budget outlook released on Tuesday. This is up from an estimate of 4 million last August, mostly reflecting the effects of tax changes.
Obama Admin Releases 700 Pages Of New Health Care Regulations… Via Reg Watch: The Obama administration on Friday released more than 700 pages of new regulations to implement portions of the Affordable Care Act. The four rules, which are scheduled for publication in mid-March, finalize both major and minor parts of the healthcare reform law that Congress passed in 2010. Three of the regulations are final and roll out the multistate healthcare exchanges and reforms to the insurance market, including provisions to encourage cost-sharing, stabilize health insurance premiums and prevent providers from denying coverage. The Department of Health and Human Services (HHS) said the rules would “help to ensure that every American has access to high-quality, affordable health insurance.”