United Liberty
IRS: ObamaCare plans to cost families at least $20,000 per year
Tue, 02/05/2013 - 11:30am | posted by Jason Pye
During the debate over his health care reform proposal, President Barack Obama and his apologists in Congress insisted that it would hold down insurance premiums for American families. But despite these promises, Jonathan Gruber, the architect of the plan, acknowledged that insurance premiums would still rise under ObamaCare.
So it comes as no surprise to see read an IRS report released last week showing that the cheapest health insurance plan under ObamaCare will cost a family $20,000 in 2016:
In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.
[…]
The IRS’s assumption that the cheapest plan for a family 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 examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.
“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.
While the individual mandate is supposed to ensure that Americans purchase health insurance coverage, a nearly $1,700 per month premium is going to be too much for many families to afford. CNS News notes that the failure to purchase health insurance coverage would result in a $2,085 penalty per family (or 2.5% of taxable income) in 2016.
Like businesses who are dropping coverage to avoid heavy costs, it’s cheaper for Americans to remain uninsured, especially now that ObamaCare has further driven up costs, rather than purchase health insurance coverage.
If this story is even 25% accurate ya better enjoy the good ole USA now as it is…
If infact this story is true there will be a revolution,riots,looting, killing and any other ugly things you could think of…….
That is not what the IRS publication is telling you. If you read the actual section in the IRS publication, you will see that The $20,000 is the example scenario of what a family is paying through their EMPLOYER supplied insurance. The IRS used that number as an example of the 8% of annual income threshold to determine if what you pay falls into the category of “affordable” or not. In that example, the family’s coverage is not considered as “affordable” and would qualify for coverage under ACA or at least assistance.
I tell you what. I can’t afford $20,000 a year. even if it were through my employer. that is my whole year’s income. How will I feed my child, keep clothes on her back, or keep her warm. If I can’t make any money for myself let alone my family, I might as well not work at all! You bet your ass I’m going to be Rioting, Looting and killing, I got a family to support! Democrats, you brought this down on us. you ignorantly and blindly followed that monkey, and now he is leading all of us into his trap. you people better get your heads out of your asses and fix the problem you created. however I have a feeling that those retards that call themselves Democrats are too Ignorant to realize this is even happening, and wont realize it until “Oh My God! why do I have to pay so much for health care! I’m a Democrat, I should be exempt. After all I helped put that man in office!” When this day comes, all of you democrats should take your families, get to the top of a very high building and jump off! you failed your country by lacking the knowledge necessary in Political world. I am sorry. I am angry. I tried to warn people, but no. I was the fucking retard that didn’t know shit. we made our bed, now we have to lay in it, or else king Obama is gonna throw us in the stocks. sigh, long live the king….
I really wondered if this accusation are really true. But one thing I can sure off is that maybe their is a big reasons why those are happening to them. - Michael Courouleau
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