View Full Version : U.S. will spend $2.6 trillion less on health care than expected before Obamacare
Ultralight
6-21-16, 5:35pm
https://www.washingtonpost.com/news/wonk/wp/2016/06/21/u-s-will-spend-2-6-trillion-less-on-health-care-than-expected-before-obamacare-study-projects/?campaign_id=A100&campaign_type=Email
Conservatives say: "That is 2.6 million coincidences."
I really did support the ACA. My daughter was on it for one year and still cannot afford to have decent healthcare because of the deductibles. So, I'd say these savings are because people STILL cannot afford to go to the Dr.
Ultralight
6-27-16, 10:17am
I really did support the ACA. My daughter was on it for one year and still cannot afford to have decent healthcare because of the deductibles. So, I'd say these savings are because people STILL cannot afford to go to the Dr.
But they can't avoid the fines!
But they can't avoid the fines!
The fines + no insurance cash discount or hardship discount + no deductible + payment plan = less pain than coming up with huge deductible + monthly premium for little care.
Plus those $23 a month rates that were quoted so often don't apply to many people. When I checked it was over $250 monthly for crappy plan with super high deductible. And those low-grade plans are being done away with anyway.
The fine can be way less expensive for a lot of people.
I do wish there were better options.
Ultralight
6-27-16, 10:46am
The fines + no insurance cash discount or hardship discount + no deductible + payment plan = less pain than coming up with huge deductible + monthly premium for little care.
Plus those $23 a month rates that were quoted so often don't apply to many people. When I checked it was over $250 monthly for crappy plan with super high deductible. And those low-grade plans are being done away with anyway.
The fine can be way less expensive.
They need to go from making it a fine to a crime. That'll get people on board!
http://www.alternet.org/economy/obamacare-one-weird-consequence-could-either-save-or-cost-you-big-time
Apparently it is possible to get a cash discount, depending on where you get your healthcare and what the negotiated rates are between the provider and one's insurance company.
Ultralight
6-27-16, 11:51am
It is so easy to figure out, so simple! Great system.
there are several ways to be exempt from the fines but daughter and hubby do not qualify. They will owe a big fine for this year. As far as I can tell from research, the IRS will not do property liens, garnish pay checks, and maybe not even report to credit agencies. They just will never get another tax refund.
iris lilies
6-27-16, 12:08pm
But they can't avoid the fines!
Sure they can. Dont have a refund coming to you and you wont have to pay.
So far, they arent billing you.
ApatheticNoMore
6-27-16, 12:12pm
Sure they can. Dont have a refund coming to you and you wont have to pay.
So far, they arent billing you.
really though isn't this exactly the same as not paying your taxes? I could owe taxes at the end of the year for whatever reason (under-withholding even to the point that I was not withholding at all probably, income not from wages etc.) and simply not pay them. I think not paying the penalties is really the exact same thing. The penalties are taxes. So it's like saying: you don't really have to pay taxes if you don't want to, just don't pay them. Well yea but the IRS could in theory come after you as well as you do legally owe those taxes even if you have decided you are not going to pay taxes.
Yes, they are sending bills and referencing the healthcare act. Apparently the healthcare penalties are billed separately.
ApatheticNoMore
6-27-16, 12:17pm
interesting as on the 1040 they are treated very similar to taxes owed (and hey the Supreme Court said they are a tax) I thought they would just go through typical IRS procedures for a tax deadbeat (the IRS of course isn't going to find everyone who is cheating on their taxes, but if you fall into an audit etc.).
iris lilies
6-27-16, 12:24pm
really though isn't this exactly the same as not paying your taxes? I could owe taxes at the end of the year for whatever reason (under-withholding even to the point that I was not withholding at all probably, income not from wages etc.) and simply not pay them. I think not paying the penalties is really the exact same thing. The penalties are taxes. So it's like saying: you don't really have to pay taxes if you don't want to, just don't pay them. Well yea but the IRS could in theory come after you as well as you do legally owe those taxes even if you have decided you are not going to pay taxes.
The IRS can collect taxes, it is legally aithorized to do so.
it is not legally authorized to collect the ACA penalty if it cannot grab it from your refund.
Another trick is to be below the incme that requires you to dile a tax return. If you are belw that, you will not owe an ACA penalty.
ApatheticNoMore
6-27-16, 12:31pm
Another trick is to be below the incme that requires you to dile a tax return. If you are belw that, you will not owe an ACA penalty.
part time minimum wage job, a 40 hour minimum wage job in many places (depending on the minimum wage) puts you over the limit where you have to pay income taxes. So you are either having kids in order to have tax deductions or working part time at Micky Ds, not much of a life there. I've done the taxes on this, without kids you are not likely to get out of taxes.
iris lilies
6-27-16, 12:36pm
Yes, they are sending bills and referencing the healthcare act. Apparently the healthcare penalties are billed separately.
Whats the sorce of your information? Several places includng this NPR article below says that the only way the IRs can collect is from a refund. But this info is old, is from the year 2013 and thngs may have changed.
http://www.npr.org/2013/10/11/230851737/faq-understanding-the-health-insurance-mandate-and-penalties-for-going-uninsured
the kids got one in the mail a couple of weeks ago............$177 the penalty for one of them who was not insured last year. And it referenced the healthcare penalty.
the kids got one in the mail a couple of weeks ago............$177 the penalty for one of them who was not insured last year. And it referenced the healthcare penalty.
From the IRS? The healthcare penalty sounds like a prime opportunity to scam someone.
Although I could imagine the IRS trying to do a clawback if they had already sent a refund and hadn't deducted the penalty. Or sending a letter when they have no way to actually collect other than you voluntarily paying it.
no refund, they had to pay. The bill looks legit and it is from the IRS.
Ultralight
6-27-16, 1:58pm
I'd call the IRS.
I'd call the IRS.
I ordered a copy of their transcript thru snail mail..............
iris lilies
6-27-16, 7:57pm
I ordered a copy of their transcript thru snail mail..............
Update:
Those may be legitimate communications, "bills" if you will, from the IRS.
I was wrong, the IRS can send you a "bill" or notice of payment due, but they do not as of now have ability to collect. They may not put liens on your property, take you to court for non-payment, etc. as they CAN do for taxes that you owe.
But is it a good idea to have penalties piling up at rhe IRS under your name? Probably not.
Ultralight
6-27-16, 8:44pm
I was wrong...
Any time someone does this I feel like there might be a wee bit of hope for humanity. Thank you for making my night.
One thing i would also wonder is what happens when you die with a bunch of ACA fines at the IRS. To distribute and close the estate the executor has to settle up the final taxes for the deceased. I suspect, but dont know, that those unpaid fines would have to be paid out of the estate or the executor will run the risk of being personally liable for them in the same way as any other debt.
iris lilies
6-27-16, 8:58pm
Any time someone does this I feel like there might be a wee bit of hope for humanity. Thank you for making my night.
It's just a fact jack. We are only discussing facts,
My opinions? Never wrong. But a few facts now and then? Sure.
edited to add: mabe I forgot a smiley thingie after Never wrong. >8)
I bet they would offset any refunds just as they do for reported unpaid child support and any federal loans, like student. Don't want to look up but it would not usually be considered a "collection" action like a levy or lien.
iris lilies
6-28-16, 7:09am
I bet they would offset any refunds just as they do for reported unpaid child support and any federal loans, like student. Don't want to look up but it would not usually be considered a "collection" action like a levy or lien.
I was hopng you would weigh in here. That makes sense.
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