It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
A centerpiece of Affordable Care Act, also known as Obamacare, is a requirement that all individuals carry some minimum health insurance or pay a tax. The new system aims to provide insurance through state marketplaces and subsidies for tens of millions of Americans who lack it.
If individuals choose not to carry insurance, they are subject to a penalty, starting at $95 per person per year or 1 percent of income in 2014, whichever is greater, and eventually reaching $695 per person or 2.5 percent of income by 2016.
TextThe IRS, which is administering parts of the law involving revenue collection, released the final rules spelling out the details of what constitutes minimum essential coverage, and how individuals are responsible for spouses, children and other dependents, among other topics.
The individual mandate is distinct from the employer mandate, which imposes a fee on most large employers that do not offer a minimum level of coverage. The Administration delayed that provision, putting off the effective date until 2015.
Originally posted by havok
"But but but....it's FREE healthcare right?"
"We need FREE universal healthcare for all Americans!"
"Free free free and free some more of free so I can free my free and free!"
What part of "There is no such thing as a free lunch!" do all you Obamanites not get?
Nothing is this society is free. Someone pays something, somewhere along the line.
So if people still continue to believe the lies fed to them from the District of Corruption...
...I have a bridge I'd like to sell them.
Independent National Journal analysis finds premiums higher under Obamacare as employers weigh dropping coverage.
It's a choice companies are already making. The number of employers offering coverage has declined, from 66 percent in 2003 to 57 percent today, according to Kaiser's study.