With the cost of Obamacare skyrocketing, naturally the penalty for not buying the massively overpriced insurance, that leaves consumers paying a great deal out of pocket, must also go up.
From the Epoch Times: “Affordable Care Act Penalties Set to Skyrocket for Americans Without Health Insurance.”
Americans without health insurance will face harsher penalties in 2016, with the financial cost more than doubling over the previous year for some.
Those without health insurance were charged $325 or 2 percent of their household incomes–whichever was higher–in 2015. That penalty will jump to $695 per adult, or 2.5 percent of their income, in 2016, according to the government.
The percentage method only counts the part of household income that’s above the yearly tax filing threshold ($10,150 for individuals, $20,300 for couples filing jointly in 2014, the most recent year available). The percentage fee can also not be above the total yearly premium for the national average price of a Bronze plan sold through the marketplace. In 2015, that was $2,411, according to Value Penguin.
The cost for children under 18 not having health insurance will go up to $347.50 per child in 2016.
But larger families only have to pay for four people altogether.
It is revealing that the fine for family members stops at four. Why should a person who willfully leaves himself and four children uninsured pay no more than someone who leaves only three children uninsured?
This rare sign of “mercy” (defined in a highly relative manner) exposes the whole scam. Our overlords know full well that every parent would get coverage for a spouse and/or their children if they could. The only reason they don’t buy the insurance is because they can’t afford it, especially when it still requires you to also pay a great deal out of pocket. So at five people uninsured they lost their stomach for torturing a family.
By the way, if you are one of those fools who thinks that every family in this situation would qualify for subsidies, wake up and smell the oppression! If one spouse has benefits at work that could cover the children then the family doesn’t get subsidies. This is true no matter how expensive it is to get the children insured on the parent’s plan. I know a family where the wife is insured through work but it would cost over a thousand dollars a month to put the rest of the family on the policy. They have no choice but to go to the cursed heathcare.gov and purchase some bronze plan if they don’t want to be fined (or “taxed”).
The only good news is that many people are learning that the government is filled with torturers whose reason for wielding power is no different than a young boy who gets off on mutilating animals.
Originally we were told we needed a fine because young healthy people didn’t want to buy insurance. But the truth is that Obamacare has turned insurance into garbage that no one wants to buy at full price. The fine is now needed for everyone.