Forum Post: Could it be this simple to dodge the Insurance Mandate "penalty" ?
Posted 12 years ago on July 4, 2012, 2:47 a.m. EST by TrevorMnemonic
(5827)
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If you're a person who is mandated to buy insurance and you don't want to buy insurance because it's still too expensive for you... to avoid the penalty all you have to do is say the mandate is against your religion.
I'm not joking. Info according to research done by the Kaiser Family Foundation.
Simple flowchart explains - http://healthreform.kff.org/the-basics/Requirement-to-buy-coverage-flowchart.aspx
Anyone got any info to contribute on this? Will it be that simple to dodge a fine for those that choose not to buy insurance because it's still too expensive?
We need medicare for all. Studies have showed that if a state went for a Medicare for All system, it would be cost neutral or save up to $19 billion per year while at the same time insuring everyone and improving the quality of care. Keep pushing for this and one day it just might happen.
You can also dodge the "penalty" by having a balance due on your income tax and just pay your normal income tax but withhold the "penalty".
Tere are no provisions in the text of obamacare that requires the IRS to collect the penalty. All it says is that there will be a penalty but there are no provisions set forth on collecting it.
So there you have it - how simple is that?
Medicare now costs $13000/retiree. Your premium would be $1150 month.
You're not looking at the big picture.
Why does insurance work? It's everyone paying into a system and some people are more expensive than others and others are cheap.
Medicare for all would be the exact same as insurance for all, like car insurance, only you wouldn't be losing an estimated 30% in administrative middleman costs because the money would all just go to healthcare instead of insurance.
Single payer would surely work if we could get healthy 23 year olds to pay $1000/ month premiums. They wont.
Or iplement a 10% VAT.
Who does medicare currently cover? The disabled and the elderly. They have the highest medical costs of anyone.
But if you factor in people like me, who are in perfect health and who are a larger part of the population, and the rest of the population you get a lowered balance.
Do some research.