IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year | TigerDroppings.com
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cajunangelle
LSU Fan
R.I.P. los angeles tiger
Member since Oct 2012
19308 posts

IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year

*Family of Five making $120K a year*

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.

quote:

(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.

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This post was edited on 1/31 at 8:14 pm



junkfunky
LSU Fan
Member since Jan 2011
15703 posts
Online

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
I pay about half that and it's too fricking much, especially considering we are all healthy.


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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
23324 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
Time to start picking favorite children.


Rickety Cricket
Navy Fan
Premium Member
Member since Aug 2007
39288 posts
Online

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
I can't wait for this shite to hit the Obama voters right in the bank account.


junkfunky
LSU Fan
Member since Jan 2011
15703 posts
Online

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

Time to start picking favorite children.


You hadn't done that yet (in the back of your mind, of course)?


geauxtigers87
USA Fan
NOLA
Member since Mar 2011
11022 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

Silver, Gold, and Platinum.


the frick is this? a fricking amusement park prize pick em? such a joke.


GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
23324 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
I don't have any yet, but I'm sure I was the favorite.

Fortunately for my siblings, they still got covered.


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cajunangelle
LSU Fan
R.I.P. los angeles tiger
Member since Oct 2012
19308 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:


Silver, Gold, and Platinum.


the frick is this? a fricking amusement park prize pick em? such a joke.


The platinum members are those that post on the OT.

Seriously though. I am guessing the platinum will make the rich fat cats Obama despises; feel better after they flip the bill for the rest.


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HailHailtoMichigan!
Michigan Fan
Coto de Caza, CA
Member since Mar 2012
19528 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
We need single payer/ UK style system.


Rickety Cricket
Navy Fan
Premium Member
Member since Aug 2007
39288 posts
Online

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

We need single payer/ UK style system.

That is their goal. Everyone would be fricked except the rich, creating further opportunities for class warfare.
#forward


RTR America
Alabama Fan
Memphis, TN
Member since Aug 2012
32613 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
So how are they gonna be able to blame this on the GOP?


cajunangelle
LSU Fan
R.I.P. los angeles tiger
Member since Oct 2012
19308 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

That is their goal. Everyone would be fricked except the rich, creating further opportunities for class warfare.
#forward


Exactly. There was a thread here about a month ago. The person had pre-existing. The bottom-line will be expensive,high deductible insurance or ObamaCare.

HealthCare.gov


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slim thug
Member since Apr 2010
8004 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
so why not pay the penalty?

you're still gonna be covered for emergency situations?


beaverfever
Arkansas Fan
Little Rock
Member since Jan 2008
8311 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
I have so many questions. Obviously not everyone is going to be paying 20k for their family so I wonder how the payments break down by income level. A family making 75k before taxes clearly can't afford 20k for insurance. A family on food stamps can't afford to pay anything. What will be the effect on businesses that no longer have to pay for insurance. Will they be required to pay their employees some type of "health care bonus"?


cajunangelle
LSU Fan
R.I.P. los angeles tiger
Member since Oct 2012
19308 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
Because I think they cover that smart strategy by sending you to jail.


cajunangelle
LSU Fan
R.I.P. los angeles tiger
Member since Oct 2012
19308 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
The $20,000 a year is the lowest tiered regular insurance after Obama regs. ObamaCare will be much cheaper. IOW only healthcare companies in with Obama will be ObamaCare and all others phased out unless dumbasses pay that much for about what you get now.


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Interception
Providence Fan
Member since Nov 2008
11089 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

We need single payer/ UK style system.


I would rather that than this monstrosity.


Interception
Providence Fan
Member since Nov 2008
11089 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

So how are they gonna be able to blame this on the GOP?


Easy, Obamacare comes straight from the conservative think tank Heritage Foundation.


HailHailtoMichigan!
Michigan Fan
Coto de Caza, CA
Member since Mar 2012
19528 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

That is their goal. Everyone would be fricked except the rich, creating further opportunities for class warfare.
Europeans adore their healthcare.


lsuroadie
LSU Fan
South LA
Member since Oct 2007
6516 posts

re: IRS: Cheapest Obamacare Plan: Family Of Five making $120K -$20,000/Year
quote:

Easy, Obamacare comes straight from the conservative think tank Heritage Foundation.





You're a fricking idiot.


I'll just leave this here.


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