Obamacare sticker shock

Are you saying the self-employed don't get the subsidies? Where does it say that? I was self-employed and paid personal income taxes.....unless you mean those who are self employed and make too much to qualify, in which case they are not getting screwed, they are paying like everyone else who makes too much to be subsidized.

frogger wrote:

archer wrote:

Rick wrote:

archer wrote: Where was that outrage when insurance companies were raising premiums 40%/year .....I don't remember any Republicans complaining about what those hikes were doing to women, and the self employed, or the middle-class. But now that you can hang it on the Democrats you suddenly are concerned? BS. Like ever damn year for decades health insurance costs are going up.....what has changed is lower income people CAN get health insurance with financial help, and no one can be turned down, or cancelled for health reasons.

.....that 40% number is an average taken from my health insuramce premiums from the early 2000s....anecdotal, yes, just like yours.

So when Obama said the ACA would save the average family $2500 a year, was that a lie or was he clueless? I only see two options here for his AFFORDABLE care act.

With the subsidies, which the average family will qualify for, do you actually KNOW that they wont save 2500/year?

Those subsidies are tax breaks that only a handful will fall into. If you are self employed. You will still get nailed

That is simply not true. The subsidies for those who qualify under the health exchanges created by the ACA are tax CREDITS, and will benefit all who qualify and file a federal tax return.

I don't know why the Republicans are letting the government shut down just to delay the Obamacare individual mandate for one year.

If you don't want to pay the mandate, based on current law you can delay it all you want. Just don't get any health insurance. You'll then have a choice of either paying the "fine" on your income tax (and the fine is pretty modest for 2014), or not pay it at all.

If you don't pay the fine, the IRS wasn't given any power in the law to force you to pay. They can subtract the fine from any refund you may have coming, but you can avoid that by adjusting your withholding in order to make sure you won't get a refund.

Of course doing so might put you on some IRS sh*t list and some future unpleasantries may ensue... :faint:

A question. Family member works for a business and in the past they haven't had a health insurance option. But business is considering a group option that might for next year be better in terms of price, deductibles and copays. Probably won't be that way in the future. But for now, if FM would choose this, is there an exemption then from ACA that is noted on the IRS form? What if a group would decide to find their own health insurance outside of ACA are they exempt?

The requirement is to have health insurance.....and to be able to show proof of coverage.

That's a pretty specific question, so I'm just guessing here...

If the employer has more than 50 employees then I think they must offer ACA approved insurance. If they don't, I think the employer would have to pay any penalties, not the employee.

If the employer has fewer than 50 employees then they don't have to offer health insurance. If the employer offers some plan available that doesn't meet ACA requirements (and I'm not sure there will be any in 2014 from insurance companies, though maybe the employer might offer to pay some of the employee's medical costs), then I don't think the employer will face any penalties since they are not required to provide insurance anyway. But in that case, I think the employee still needs to show they are covered by an ACA approved plan in order to avoid paying a fine to the IRS.