The tax penalty is $95 or 1% of your annual income, which ever is higher. Thats for the first year. It ends up going to $695 or 2.5% of your income in 2016 when the act is fully phased in.

So the first year, if you make 50k a year, your penalty will be $500. Afterwards it will be $1250.

Moral of the story, get some insurance so you money is at least benefiting you lol.

I'm just trying to figure out if I know anyone without insurance these days. Even the few I know that don't get it through work get it through their spouse's employer.

And if you're making $50k/yr and don't have health insurance, WTF is up with your priorities?

meh Socialized/universal health care is nothing new. Been around since long before Romney. If ppl want to believe it's Obama's idea, let 'em. :)

If he really wanted socialized health care, it would be single payer. This is a gimme to insurance companies and big pharma.

Agreed lol. I was talking with some of my co-workers last night about this. If you are making 50k a year, there is a really good chance your employer already has a health care plan for you.

Exactly. The people that will be paying the penalty are the "McJob 4 lyfe" types.

correct me if I'm wrong
 

What's the difference if we bought & paid for private care ourselves last year & today making payments to Obamacare????

Besides not having the govt. involved/getting bigger, & having the problems enrolling on line. Oh, also having a $500 deductible instead of a $5,000 deductible. AGAIN, I'm failing in understanding this whole thing.

Just remembered(honest) Now we'll pay more for others that don't work to have/share our health care plan. Very nice....:(

^^^^^correct. How is that person going to be able to pay for the XXXXXX plan???

If you have insurance already, then you already have insurance and this doesn't effect you, other than possible premium changes. You don't make payments to Obamacare, you make payments to an insurance company. Just like you did before the ACA.

They're not. They're going to pay the penalty. That's what I said.

This person may also be able to get a gov subsidy to help pay for their premiums depending on their income, number of family members, etc.

Why do we have so many posts about this. No matter how many times you explain it, the op isn't going to listen. It's obvious to me he is trying to push his agenda. Get a job with insurance if you are so concerned about it.

I don't think so. I think he has a serious reading comprehension issue based on this and other threads.

He is trying to make subtle digs at it by acting stupid. Of course when you make a counter, he just shrugs it off.

I don't know, I'm getting a strong "Fox news tells me everything I need to know, and Jebus makes my laws" vibe here.