Quote:
Originally Posted by glatt
The way this is being phased in, the penalties for not buying insurance in the first year are relatively small. (At least the last time I looked into it several months ago.) So it's probably wise from a financial point of view to sit on the sidelines until next year when the penalties become real, and health care will be cheaper than the fine. Of course, if you pay for the health care, then you can use the health care. If you opt for the fine, you get nothing in return.
Debating Obamacare is kind of funny that way, because it's only being phased in slowly, so it will be a few years before we know exactly how it's going to pan out.
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Bill King, a health care insurance broker (sells plans for scads of companies), was doing a commercial today (first time I've heard this), saying that EVERY health care plan premium is going up by 30% to 100%.
You can avoid that, by re-upping your plan for another year, before 2014, with one insurer only, allowing the old rates until 2015.
There's your Affordable Health Care Act in Action.
A local DJ (not a conservative), was saying he will have a 99% increase in his health care premium, and his fiance will have a 66% increase (she earns considerably less than him). The people who really do well with Obama Care, are the very low income wage earners.
The middle class and up, will get soaked, as they are finding out. Thus their dissatisfaction with it.