Midknight Review -- new and revised: fines

Showing posts with label fines. Show all posts

ObamaCare's woes are beginning to flourish, once again. By the 2016 election cycle, it will be big news, and for the same reasons as before. But instead of 16 million folks screaming, it will be 160 million.

Out of Bloomberg, we have this report:

President Obama trumpeted the success of his signature healthcare law on Tuesday, releasing a video on Facebook that boasted that 11.4 million people who have signed up or re-enrolled in Obamacare in 2015. Sunday marked the latest deadline for Americans to sign up in an open enrollment period for coverage under the Affordable Care Act.

Editor's note: Understand the original and stated goal, was 13 million. The target population, is 19 million folks, with 160 policies about to come under the ObamaCare umbrella, this year per the much delayed "employ/union mandate."

"The Affordable Care Act, aka Obamacare, is working. It's working better than we anticipated, certainly working a lot better than many of the critics talked about early on," Obama said in the video shot in the Oval Office featuring the president and Health and Human Services secretary Sylvia Burwell.

Editor's notes: " . . . working better than we anticipated . . ." is an outright ly. Again, the goal was 13 million by this time in the sign-up process, and 78% of all who have signed up, get subsidies. THAT does not pay the bill.

While the number of people signed up for healthcare under the Affordable Care Act has given the White House reason to celebrate, the administration has reason to worry about whether the news will remain positive for Obamacare. With the April 15 tax deadline approaching, an estimated 6 million Americans are expected to to face a penalty for not enrolling in a healthcare plan. While the 2014 penalty starts at $95, it will rise in 2015 to $325.

Editor's notes: And the following year, 2016. just in time for the presidential election season, the fine will be $695. Like I implied, "Just in time for the 2016 election cycle."

Even more troubling for the healthcare law, the Supreme Court will soon begin hearing arguments in the King v. Burwell case, which will decide the ultimate fate of the program's federal subsidies. If the court rules the subsidies unconstitutional, millions of Americans will lose their insurance and costs are expected to skyrocket

Editor's notes: The number varies with each article I read, but the total number of states not in ObamaCare is around 30. The High Court is being asked to decide if subsidies can be paid to the folks living in those states. The law is written to exclude them. Now that the Administration sees this as a huge mistake, it is hoping for mercy from the Court. The Supreme Court can decide that subsidies should not be paid out in the state in question, per the written law. If the Court makes that ruling, ObamaCare is dead in the water. Oh, it will flay around, but sooner, than later, it will sink to the bottom of the cesspool we can call "academia," and go the way of the river bottom.

Cheapest insurance plan for a family of 5 under ObamaCare is $20,000 according to the IRS. . . . . . . . or you can refuse insurance and pay a fine of $2,000, and apply for insurance, years from now, after you get cnacer of the whatever. They have to accept you, meanwhile, the system goes broke !!

(CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2015 for a family of five will cost $20,000 for the year.

Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.

The IRS’s assumption that the cheapest plan for family of five 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 annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.

Bronze will be the lowest tier health-insurance plan available under Obamacare–after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.

Let's return the favor, shall we?

CLINTON: You cannot be civil with a political party that wants to destroy what you stand for, what you care about. That’s why I believe if we are fortunate enough to win back the House and/or the senate, that’s when civility can start again. But until then, the only thing that the Republicans seem to recognize and respect is strength. And you heard how the Republican members led by Mitch McConnell, the president really demeaned the confirmation process.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."