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TigerintheNO  LSU Fan New Orleans Member since Jan 2004 18936 posts

| When does the penalty/tax for Obamacare kick in? (Posted on 2/2/13 at 10:02 am)
When would one need to get insurance? If someone were to lose their job/medical insurance can they wait until the last week of the year to get insurance & avoid the tax? Do you just have to have health insurance at some point in the year, when you file your taxes, 50% of the year, 75%?
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TigerintheNO  LSU Fan New Orleans Member since Jan 2004 18936 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 12:26 pm to TigerintheNO)
does anyone know?
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CITWTT  LSU Fan baton rouge Member since Sep 2005 25187 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 12:44 pm to TigerintheNO)
Ask Nancy, she knows it all since it was passed.
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Reubaltaich  USA Fan A nation under duress Member since Jun 2006 1773 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 2:26 pm to TigerintheNO)
quote:
When would one need to get insurance?
2014
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CamdenTiger Member since Aug 2009 22718 posts
Online

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 2:29 pm to Reubaltaich)
There are some taxes that started already, but the full, "you better be insured, or else" starts next year.
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TigerintheNO  LSU Fan New Orleans Member since Jan 2004 18936 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 3:42 pm to CamdenTiger)
quote:
but the full, "you better be insured, or else" starts next year
Do you have to be insured all 365 days, 183 days? Or do you have to be insured by Dec. 31st? Is the tax pro rated based on the # of days you had insurance?
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thelsutigers  LSU Fan Lubbock, TX Member since Nov 2009 3078 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 4:36 pm to TigerintheNO)
quote:
Do you have to be insured all 365 days, 183 days? Or do you have to be insured by Dec. 31st? Is the tax pro rated based on the # of days you had insurance?
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Ponchy Tiger  LSU Fan Ponchatoula Member since Aug 2004 21140 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 4:51 pm to TigerintheNO)
The penalty starts next in 2014 and more than doubles in 2015. As it is right now if I had to buy insurance through the exchange it would cost me $396.17 a month.
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WmWallace  Ole Miss Fan Baton Rouge Member since Jan 2012 1321 posts

| re: When does the penalty/tax for Obamacare kick in? (Posted on 2/3/13 at 5:02 pm to Ponchy Tiger)
Never, it's all free, all day, all the time..if you ever step foot in the country illegally, apply for a sex change, or were a casualty on the war on women..congrats!
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