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If individuals can't afford health insurance, what makes that man (obammy) think they can afford to pay the steep penalty?


WASHINGTON – Nearly 4 million Americans — the vast majority of them middle class — will have to pay the new penalty for not getting health insurance when President Barack Obama's health care overhaul law kicks in, according to congressional estimates released Thursday.
The penalties will average a little more than $1,000 apiece in 2016, the Congressional Budget Office said in a report.
Most of the people paying the fine will be middle class. Obama pledged in 2008 not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000.
Republicans have criticized the penalties, even though the idea for a mandate was originally proposed by the GOP in the 1990s and is part of the Massachusetts health care plan signed into law in 2006 by then Gov. Mitt Romney, a Republican. Attorneys general in more than a dozen states are working to challenge the mandate in federal court as unconstitutional.
"The individual mandate tax will fall hardest on Americans who can least afford to pay it, many of whom were promised subsidies by the Democrats and who the president has promised would not pay higher taxes," said Rep. Dave Camp of Michigan, the top Republican on the tax-writing House Ways and Means Committee.
Democrats argue the mandate and the penalties are a necessary part of a massive overhaul designed to expand coverage to millions who now lack it. They point out that getting young, healthy Americans in the insurance pool will reduce costs for others.
Americans who don't get qualified health insurance will be required to pay penalties starting in 2014, unless they are exempt because of low income, religious beliefs, or because they are members of American Indian tribes. The penalties will be fully phased in by 2016.
About 21 million nonelderly residents will be uninsured in 2016, according to projections by the CBO and the Joint Committee on Taxation. Most of those people will be exempt from the penalties.
Under the new law, the penalties will be phased in starting in 2014. By 2016, those who must get insurance but don't will be fined $695 or 2.5 percent of their household income, whichever is greater.
After 2016, the penalties will be increased by annual cost-of-living adjustments. People will not be required to get coverage if the cheapest plan available costs more than 8 percent of their income.
The penalties will be collected by the Internal Revenue Service through tax returns. However, the IRS will not have the authority to bring criminal charges or file liens against those who don't pay.
About 3 million of those required to pay fines in 2016 will have incomes below $59,000 for individuals and $120,000 for families of four, according to the CBO projections. The other 900,000 people who must pay the fine will have higher incomes.
The government will collect about $4 billion a year in fines from 2017 through 2019, according to the report
 

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The last line in your post pretty much spells it out for us. I don't know why anyone thinks this is a good thing? Please enlighten me why this is a help to me?
 

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Just the beginning of the end that's all......
 

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There are also going to be alot of people who drop insurance or still will not get it because the penalty is so much cheaper than coverage. Why pay $6-8k a year when you can pay a penalty of $1000.00 and just wait till someone gets sick before you get immediate coverage with no pre-existing illness. The pre-existing illness penalty actually steered alot of people toward purchasing insurance., taking it away will let alot of families drop coverage all together. Also, a fine you can't enforce--how do they plan to collect other than keep it from tax returns?
 

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in most cases the 2.5% of adjusted gross "fine" will be less than the cost of getting insurance.... so you're right - it's a tax.
 

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There are also going to be alot of people who drop insurance or still will not get it because the penalty is so much cheaper than coverage. Why pay $6-8k a year when you can pay a penalty of $1000.00 and just wait till someone gets sick before you get immediate coverage with no pre-existing illness. The pre-existing illness penalty actually steered alot of people toward purchasing insurance., taking it away will let alot of families drop coverage all together. Also, a fine you can't enforce--how do they plan to collect other than keep it from tax returns?
First thing that ran through my mind is pay the g-note and don't worry about it... not as bad of a deal as I thought it would be
,,,TLW
 

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So what happens if we can't afford to pay the fine, or just don't pay it?


Just let the government provide for you that's the master plan anyhow. More Democratic voters feeding from the troff.
 

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I'm already paying $1200.00 a month for insurance, paying $1000 fine instead is such a deal.:rolleyes:
 

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time to go racing yet ?
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i have a feeling there are going to be alot of missing people reports along with missing gun reports , if i didnt hate the cold id pack it up and move north and be a hermit
 

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The same way they track if a person can or cannot work.
Well, I see it being just like every other law in this country... there will be loop holes and cracks that people will find and slip through... So where does that leave the rest of us, those of us that dont slip through the cracks or dont qualify for a loop hole? Paying some outrageous govt fine or risk going to jail otherwise?
I haven't had health insurance for over 5 years and haven't needed it. It has been cheaper for me to pay out of pocket than to pay a deductible and copay the once or twice i get sick a year.
I think if we are going to be forced to buy into a govt run health insurance plan, there should be no deductibles or copay.
 
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