posted on Nov, 6 2013 @ 10:42 PM
reply to post by ladytamatha
My understanding so far is this, and this may not be entirely correct but -
If your income is poverty level, then honestly you need to look into getting on your forced healthcare. This will ensure you will not be penalized. My
understanding is the healthcare for the very poor won't cost you much, if anything just like it already doesn't with medicare. If you have medicare,
just keep it unless they tell you otherwise.
If you have over poverty level income (I *think* over 17k per year) then you may find yourself paying more than you thought and might want to take the
penalty for the first year if you can't afford it, but it varies based on income. This will mainly affect the middle class like a bomb going off and
soon they will be in poverty unless this can get turned around. Supposedly there is a tax break if you're in a certain bracket, but the figures aren't
adding up for most and doesn't seem to alleviate much. It's also applied to your tax refund so it does no good throughout the year, and does no good
if you already owe taxes anyway.
If healthcare.gov worked, you might be able to get some solid numbers, but... the govt screwed up on that too.
edit on 6-11-2013 by Wookiep
because: (no reason given)