Health Reform

Penalty Calculator - Will You Really Owe Anything If You Have A Better Alternative Than Obamacare?

The IRS grants an exemption from the Shared Responsibility Payment (tax penalty for being uninsured with a MEC plan) if the lowest premium of an available Bronze plan exceeds 8% of a Household’s Income. The median household in the US is roughly $52,000, so for the average America...

healthcare.gov low monthly prices leave insureds open to financial and healthcare disaster, experts say

According to The Department of Health and Human Services, returning customers to HealthCare.gov can save if they switch to the lowest-cost plan within their coverage level.  But experts say the monthly premium is misleading. They say quality and coverage of health plans makes exc...

Obamacare Penalty - Proof Its Not Enforceable

The Affordable Care Act Shared Responsibility Payment for Not Maintaining Minimum Essential Coverage can be read, in its entirety, here

The highlighted section in the image is the language that makes the "penalty" uncollectable by any means other that from overpayment of taxes.

Obamacare payment to insurers $2.5 billion less than expected

Reneging on previous promises and guarantees, the federal government has decided to short insurance companies out of billions of dollars agreed to under Obamacare.

OCTOBER 7, 2015 BY KRISTINA RIBALI

The Washington Examiner reports that, “Insurers learned late Thursday that they’l...