- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: New report shows the number of uninsured in the US grew by 2 million
Posted on 7/10/17 at 8:26 am to NASA_ISS_Tiger
Posted on 7/10/17 at 8:26 am to NASA_ISS_Tiger
quote:
Um, not really. It merely softens the stance. I know...semantics.
Well, while true it would also give a high indication of low IQ.
Hrm, report and pay a fine or not report and hang on to my own money? Tough choice.
quote:
But it didn't remove the enforcment completely.
And as the same author earlier indicated Forbes again:
"So what would the penalty for noncompliance be? Jail time? Nope. The language in the Act specifically rules out jail time, saying at Section 500A(g)(2)(A):
In the case of any failure by a taxpayer to timely pay any penalty imposed by this section, such taxpayer shall not be subject to any criminal prosecution or penalty with respect to such failure.
So, no jail time.
But that means that the IRS will chase you and lien your property if you don't pay, right?
Nope. That's not allowed under the Act. At 500A(g)(2)(B)(i), the Treasury cannot "file notice of lien with respect to any property of a taxpayer by reason of any failure to pay the penalty imposed by this section."
So, no liens.
Then, clearly there will be levies or seizures on your wages and account, right?
Nope. Not that either. Under 500A(g)(2)(B)(ii), the Treasury cannot "levy on any such property with respect to such failure."
To recap then, by law, you have to pay the penalty. But if you don't, you won't go to jail, you won't be liened and you won't be levied for collection."
And now with POTUS Trump's EO, don't even have to report if have coverage at all
Posted on 7/10/17 at 8:27 am to Rebel
quote:
It means people that were previously buying their own insurance through the exchanges vs employee provided medical plans.
So they are actually insured.
Posted on 7/10/17 at 8:30 am to Wortivi22
quote:
thought it meant that self employed people that bought their own before are not buying now. I could be wrong, though, now that I read it again.
Yes private health insurance sky rocketed at the start of the new year. Thank god I started a new job that has 100% health insurance covered. My sister is a 1099 and her rates just went up to about 750/mo. It's absurd
Posted on 7/10/17 at 8:30 am to Jbird
quote:
The decline in people who were insured concentrated among younger adults and people buying their own health insurance policies, according to the survey.
So the Obamacare freeloaders kept their insurance plans.
Posted on 7/10/17 at 8:31 am to the808bass
quote:
$600-$800 mo
Where can you find this deal?
Mine is like a house payment.
Posted on 7/10/17 at 8:33 am to MrLarson
quote:
2 million people figured out that a 10k deducible wasn't worth paying for.
Yep. At some point it morphs from health insurance to catastrophic insurance.
Posted on 7/10/17 at 8:36 am to GumboPot
quote:
So they are actually insured.
Strike two.
Posted on 7/10/17 at 8:37 am to GumboPot
quote:
Still doesn't make sense. They are dropping their insurance but buying insurance
They are going uninsured. Gambling at the expense of you, me and the providers should they become seriously ill.
Posted on 7/10/17 at 8:38 am to TrueTiger
quote:
Where can you find this deal? Mine is like a house payment.
YMMV
Obviously.
Posted on 7/10/17 at 9:43 am to GumboPot
quote:
So they are actually insured.
No retard.
It means they were previously insured. They elected out of insurance.
Posted on 7/10/17 at 10:18 am to Jbird
Oh oh oh! I'm one of them!
frick odumbocare.
who would have thunk it!
frick odumbocare.
quote:
decline in people who were insured concentrated among younger adults
who would have thunk it!
This post was edited on 7/10/17 at 10:20 am
Posted on 7/10/17 at 11:06 am to mtntiger
quote:
Or maybe, just maybe, they believe that paying excessive premiums, co-pays and deductibles does not make good economic sense for them.
Hence the need for the individual mandate. Otherwise they jump into the system only when sick, driving up prices for everyone.
Posted on 7/10/17 at 11:09 am to BamaAtl
quote:
the need for the individual mandate.
So you are for "forcing" people to purchase a product?
Posted on 7/10/17 at 11:09 am to BamaAtl
Making your rounds defending the UNafforadable care act eh?
Posted on 7/10/17 at 11:10 am to BamaAtl
quote:
Hence the need for the individual mandate. Otherwise they jump into the system only when sick, driving up prices for everyone.
They still do this even with the mandate. There's no political will to take peoples houses away if they don't have health insurance. So the mandate will never have any teeth.
Popular
Back to top
Follow TigerDroppings for LSU Football News