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argiel1234

(390 posts)

6. that doesnt answer if we will be required to pay the tax/fine/whatever people call it.

Reply to PoliticAverse (Reply #3)

Mon Nov 19, 2012, 07:04 PM

Nov 2012

Ultimately it will be 2.5% of peoples income.

I dont see anything addressed in there for people who qualify for Medicaid but their state refuses to expand it.

Would we be exepmt from both the requirement to buy private insurance AND the tax? Since we quality for Medicaid, why should be forced to pay the tax is states refuse to expand?

Also its what is actually what is happening. Many states are refusing to expand the Medicaid program outright

Whats going to happen to those millions of people?

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24 replies

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Question about the ACA [View all] argiel1234 Nov 2012 OP

Please see link below still_one Nov 2012 #1

thanks, but this doesnt answer my question argiel1234 Nov 2012 #2

If you are under the federal poverty level the answer is no, you are not required to buy insurance. PoliticAverse Nov 2012 #3

that doesnt answer if we will be required to pay the tax/fine/whatever people call it. argiel1234 Nov 2012 #6

Yes it does answer. You only are assessed the penalty if you are required to be insured but aren't. PoliticAverse Nov 2012 #7

my income is 10,800 roughly, that puts me in the category of poverty argiel1234 Nov 2012 #9

8% of $10,800 is = $864. You won't find an insurance policy for that amount, PoliticAverse Nov 2012 #11

Yes, everyone will be mandated to pay for insurance BUT if you fall below a certain poverty line riderinthestorm Nov 2012 #4

thank you argiel1234 Nov 2012 #5

Since the op is below the federal poverty level the op's premium won't be subsidized. PoliticAverse Nov 2012 #8

Thanks. Then Argiel's correct that there's a big gap in the ACA as currently structured riderinthestorm Nov 2012 #10

thank you for the response argiel1234 Nov 2012 #13

You don't have to "pay 2.5% or 8%". If the insurance available costs more than 8% of your income PoliticAverse Nov 2012 #17

And s/he won't get insurance either. It will simply be unavailable to them. riderinthestorm Nov 2012 #21

yes that is the whole point. Thank you for clarifying this argiel1234 Nov 2012 #22

The poverty guideline and the law as it is written are different argiel1234 Nov 2012 #12

I think you misunderstand a key point, you don't "have to pay 2.5% or 8% of your income"... PoliticAverse Nov 2012 #15

The problem is there are no guidelines on how companies price their products. argiel1234 Nov 2012 #18

edit argiel1234 Nov 2012 #20

The attempt to get very low income people included under Medicaid was something that PoliticAverse Nov 2012 #23

I hope you check back and tell us what happens in 2014. rgbecker Nov 2012 #14

12,000 is above the federal poverty level argiel1234 Nov 2012 #16

You sound angry already. rgbecker Nov 2012 #24

Spam deleted by gkhouston (MIR Team) Dubster Nov 2012 #19