Up to six million households facing penalty for skipping health insurance

Discussion in 'Politics, Religion, Social Issues' started by jkcerda, Jan 29, 2015.

  1. jkcerda macrumors 6502a

    jkcerda

    Joined:
    Jun 10, 2013
    Location:
    Criminal Mexi Midget
    #1
    http://finance.yahoo.com/news/six-million-households-facing-penalty-210800214.html

    they will be shocked when it gets higher in the coming years.
     
  2. luvmymbpr macrumors regular

    luvmymbpr

    Joined:
    Mar 6, 2014
    #2
    2 things are funny about this.

    1 - you only have to answer yes for having insurance. You don't have to provide proof.

    2 - the irs says they will only pursue people getting refunds. In other words, with a $0 refund they won't be chasing after you.

    The ACA never ceases to amaze me.
     
  3. TimelessOne macrumors regular

    Joined:
    Oct 29, 2014
    #3
    Well to be most people who have to pay taxes in April aka not getting a refund tend to all a lot more money and have insurance threw work. It will be a very very small minority of those people who do not get a refund.
    As for option 1 checking yes when you do or have it means you will get a lovely tax bill come Oct this year with a payment required.
     
  4. DonJudgeMe macrumors regular

    Joined:
    Feb 21, 2014
    Location:
    Arizona
    #4
    For the families that can't afford insurance at $100/month/person, they are better off checking 'no' and paying the joke of a fine.

    -$300 fine for a $30k income. If you have two kids, you'll get 6k in refunds.

    Or

    -$3600 for insurance for the year.

    Ummm.... let's see here.... why would they get insurance or answer 'yes'?:confused:
     
  5. hulugu, Jan 29, 2015
    Last edited: Jan 29, 2015

    hulugu macrumors 68000

    hulugu

    Joined:
    Aug 13, 2003
    Location:
    quae tangit perit Trump
    #5
    Well, the fine wasn't supposed to be back-breaking. Keep in mind that with $3,600 you get insurance for a year, so while the numbers suggest that just paying the fine is a good economic decision, people are getting nothing in this exchange.
     
  6. jkcerda thread starter macrumors 6502a

    jkcerda

    Joined:
    Jun 10, 2013
    Location:
    Criminal Mexi Midget
    #6
    what is the point of having insurance if you can't afford the out of pocket cost?
     
  7. AllergyDoc macrumors 65816

    AllergyDoc

    Joined:
    Mar 17, 2013
    Location:
    Utah, USA
    #7
    Who can get insurance for a family for $300 a month? We're insured through my wife's employer and we pay that much ourselves. Her employer picks up 70%. $2,200 deductible per person, $5K per family.
     
  8. hulugu macrumors 68000

    hulugu

    Joined:
    Aug 13, 2003
    Location:
    quae tangit perit Trump
    #8
    Well, that was the whole point of subsidies, but you're right, insurance is still too expensive.
     
  9. samiwas macrumors 68000

    Joined:
    Aug 26, 2006
    Location:
    Atlanta, GA
    #9
    The same question follows: what's the point of having the absolute best healthcare in the world if you can't afford the cost?
     
  10. jkcerda thread starter macrumors 6502a

    jkcerda

    Joined:
    Jun 10, 2013
    Location:
    Criminal Mexi Midget
    #10
    Are you reaffirming what I posted?
     
  11. jnpy!$4g3cwk, Jan 29, 2015
    Last edited: Jan 29, 2015

    jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

    Joined:
    Feb 11, 2010
    #11
    I'm not sure what point you are trying to make.

    Again, I am not sure what point you are trying to make.

    My personal preference would be for a system like Australia, where you have universal socialized health care, but, you can also pay more for private care more to your liking.

    But, for some reason, conservatives in the U.S. are very afraid of the Australian system.
     
  12. jkcerda thread starter macrumors 6502a

    jkcerda

    Joined:
    Jun 10, 2013
    Location:
    Criminal Mexi Midget
    #12
    1 massive tax increase on the 99%, the ones who need it the most.

    2. out of pocket cost for care was near 12k, again the ones that need it the most are the ones who can't afford to get service.

    3. hard to say what that would look like here, forget conservatives, what kind of tax numbers are we looking at?
     
  13. jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

    Joined:
    Feb 11, 2010
    #13
    Let's look at the total fraction of GDP spent, public AND private. Luckily, the World Bank has that table right here:

    http://data.worldbank.org/indicator/SH.XPD.TOTL.ZS

    Numbers for 2012:

    Australia: 9.1% of GDP
    U.S.: 17.9% of GDP
     
  14. Huntn macrumors P6

    Huntn

    Joined:
    May 5, 2008
    Location:
    The Misty Mountains
    #14
    You guys ok with free Emergency Room service? Gee I thought free stuff for other people annoyed conservatives! :rolleyes:
     
  15. samiwas macrumors 68000

    Joined:
    Aug 26, 2006
    Location:
    Atlanta, GA
    #15
    I rarely have any idea what you're talking about, so it's doubtful. What might I have reaffirmed?
     
  16. jkcerda thread starter macrumors 6502a

    jkcerda

    Joined:
    Jun 10, 2013
    Location:
    Criminal Mexi Midget
    #16
    that it makes no difference if its available if you can't afford it.
     
  17. luvmymbpr macrumors regular

    luvmymbpr

    Joined:
    Mar 6, 2014
    #17
    Wait what? Saying I have had insurance all year means I still get fined? Sorry... "Taxed."

    ----------

    Good question. I'm a contractor with my own insurance, and I pay almost $300 a month for middle of the road Insurance.
     
  18. Jesla macrumors 6502a

    Jesla

    Joined:
    Jan 7, 2013
    Location:
    Tennessee USA
    #18
    That's a stupid statement, I'm conservative and not the least bit afraid
    of the Australian system in the least little bit. Why should I be, it's got
    absolutely nothing to do with me.
     
  19. samiwas macrumors 68000

    Joined:
    Aug 26, 2006
    Location:
    Atlanta, GA
    #19
    Well, yes...that's true about everything. Yet another reason we should send insurance companies to pound sand and go with a universal system.

    For yourself, or family? I had a tough time finding anything close to that back when I was on the search. At least something that wasn't terrible. What are the stats on this plan?
     
  20. Huntn macrumors P6

    Huntn

    Joined:
    May 5, 2008
    Location:
    The Misty Mountains
    #20
    No reason for having insurance at all, just don't run to the Emergency room and expect free treatment.
     
  21. luvmymbpr macrumors regular

    luvmymbpr

    Joined:
    Mar 6, 2014
    #21
    Just myself. Well it's an hmo for starters. I despise having to always go to one family doc before I can see a specialist. The copays are okay if I stay at the preferred in network places.

    Like $25 family doc $50 specialist $550 ER $15 generic prescriptions 50% name brand. $60 X-rays $250 Mris $250 outpatient surgeries. Max out of pocket is like $6600.

    It's a huge step down from my last company provided ppo, but I needed something. The next step up is in the $400s. I get dental through delta for like $120 a year. Don't need vision.

    ----------

    Forget to mention my plan covers cvs minute clinics at a $25 deductible. They are super handy for immediate treatment for things that don't require an expensive ER.
     
  22. samiwas macrumors 68000

    Joined:
    Aug 26, 2006
    Location:
    Atlanta, GA
    #22
    And instead, they'll go get treatment if they need it, and pass the bill on to you. I'm surprised that the very same people who get upset about those who can't pay hospital bills get upset about requiring people to have insurance (not saying this is your opinion, just bringing it up).

    Should the fine be steeper, or should there just not be any requirement at all? Or, should we go to a different system that doesn't involve dealing with all this?
     
  23. DonJudgeMe, Jan 30, 2015
    Last edited: Jan 30, 2015

    DonJudgeMe macrumors regular

    Joined:
    Feb 21, 2014
    Location:
    Arizona
    #23
    Yes, but if something serious happens, and you have that cheapest insurance you can get because it's all you can afford...Now you're out 3600$ and you have a pile of medical bills. If anything, these fines discourage people from getting insurance. It's a scam.

    Also, what does fining people without money already accomplish? Making the poor poorer?

    Punishing people for not having money is the dumbest ****ing idea I have ever heard of. We are going back to medieval times.
     
  24. samiwas macrumors 68000

    Joined:
    Aug 26, 2006
    Location:
    Atlanta, GA
    #24
    That's good for a single, mostly healthy person. Unfortunately, for families, it gets a lot more expensive. A few years ago, well before the ACA was a thing, my plan for myself and my wife was $818 a month. It was the only plan available in Georgia to a non-group couple wanting maternity coverage. When I added our son after he was born, it shot up to $1,290 a month (well over $15k a year). That's a $472 difference per month. Soon after, I dropped that and joined our union insurance plan which was much cheaper, with better coverage. It has now crept back up to almost that same level. Insanity.

    Luckily, I've only been in the hospital one time since I was a child (I'm 40 now).
     
  25. luvmymbpr macrumors regular

    luvmymbpr

    Joined:
    Mar 6, 2014
    #25
    I am extremely happy to hear you've been a healthy lad. Insurance coverage for families is indeed insane. I always complain about the government needing to target the outrageous costs, but I don't see that happening. I once had a very minor outpatient surgery on my shoulder that took less than 2 hours from walking in the door to leaving high as a kite from anesthesia and pain killers. The total bill? $15k. $10k was for the hospital. Not bad for 2 hours of occupying a same day surgery prep room and an OR table. Insurance paid 90% of it.
     

Share This Page