What Happened to that Free and Discounted Premium Obama Health Care … IRS Says Cheapest Obamacare Plan Will Be $20,000 Per Family
Hey America, how’s that free and discounted Obamacare healthcare looking now?
LION LYING KING: HEALTHCARE COST EDITION: In a further effort to prove that a sucker is born every minute and most of the them voted for Barack Obama in the 2012 presidential election, we are now presented with even more details of the Obamacare healthcare law that Nancy Pelosi stated that we had to pass it in order to find out what’s in it. Barack Obama sold this bill of goods to the American public saying that it would reduce insurance premiums, and in some cases up to 3000%. Yes, as the Gateway Pundit reminds us, Barack Obama actually said that you would get a 3000% discount on your insurance premiums from your employers and a raise. The said reality was that the ignorant and uninformed voters actually bought Obama’s BS.
However, the reality is that the IRS is saying that the cheapest Obamacare plan will cost a family $20,000 a year. How’s that “Hopey-Changey” Obamacare working out for ya now? Why is the IRS making these comments? They will be the enforcement agency of Obamacare and come after those who do not have insurance. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016. Huh, the IRS is calling it a penalty. Wasn’t it the US Supreme Court that called it a tax?
In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.
Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.
The IRS’s assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.
The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.
“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.
AMERICA, HAS DOES IT FEEL TO BE LIED TO? GOOD LUCK WITH YOU $20,000 OBAMACARE FAMILY PLAN.