anyone know the cutoff for the mandate?

there's been alot of talk that this healthcare plan is so wonderful because it will subsidize those with lesser finances so that they also have healthcare. Does anyone know what that line is? at what point does someone not make enough and get their 'free' healthcare'?
 
interesting. 28 views and yet nobody seems able to provide that answer. surely somewhere in that 2700 pages of the ACA, that some liberals on here have claimed to read completely, they would know what the income cutoff is for mandating someone either purchase health insurance or be subsidized by the government. right? anyone?????
 
interesting. 28 views and yet nobody seems able to provide that answer. surely somewhere in that 2700 pages of the ACA, that some liberals on here have claimed to read completely, they would know what the income cutoff is for mandating someone either purchase health insurance or be subsidized by the government. right? anyone?????

I am personaly waiting for you to find out. Not sure about everyone else.
 
I keep checking back in to this thread STY, just to see if anyone can/has answer(ed) your question. I am curious about this as well.
 
I guess i'm going to have to find out myself, which is very strange because i'm being told how wonderful this bill is and how it's going to help me and my wife who has serious heart conditions. Surely a proponent of this act has that answer for me, right?
 
So you want someone to perform a google search on your behalf?

your below link couldn't have been posted without a snarky comment? wouldn't it have been a better benefit to show your support for the bill by showing how great it is?

Since your little web calculater doesn't have my exact needs, I guess I'll have to do some assuming.

My income in 2014 looks to be about 452% of the FPL, so I make over the cutoff. But, i'm not a single adult nor am I a family of four. It's just my wife and myself, so initial unsubsidized premium of 6200 will be doubled to 12,400. That is almost 25% of my income. 23.8 to be exact. That leaves me just under 40k a year for the rest of my living expenses.

Now if I calculate the premium/subsidy rate based on THAT amount of income, it comes out to 344% of the FPL, making the premium 3,762 dollars and the subsidy 2,434. For two people, I can assume that the premium will be 7,542 and the subsidy 4,868. Leaving THAT person to live on 32k a year.

Someone correct me if i'm wrong, but it looks like all this ACA is going to do is make those just under the middle class descend in to poverty and be forced to live off the government. Something that has been said since it's inception. Something that has been the model of government for a long time.

Now, why is this a great law again?
 
interesting. 28 views and yet nobody seems able to provide that answer. surely somewhere in that 2700 pages of the ACA, that some liberals on here have claimed to read completely, they would know what the income cutoff is for mandating someone either purchase health insurance or be subsidized by the government. right? anyone?????

I believe it is some 120% above the Poverty line. The problem with use of the word "cutoff" is it wasn't defined by a strict money limit. This would make it depend on how many kids you have and a few other things like how much you earn.

Anyway, it is defined this way in the law: If the insurance would cost more than 8% of your income (to cover your family, based on family income) you then get subsidized insurance.

Interestingly, if you do not pay your fine there is literally no consequences written into the law. So you can get fined, but you can tell the IRS to stuff it and at this time there is no penalty for that.
 
Another interesting tidbit, Japan also has no consequences for not getting insurance and around 10% of their population simply ignores the law and remain uncovered.
 
I believe it is some 120% above the Poverty line. The problem with use of the word "cutoff" is it wasn't defined by a strict money limit. This would make it depend on how many kids you have and a few other things like how much you earn.

Anyway, it is defined this way in the law: If the insurance would cost more than 8% of your income (to cover your family, based on family income) you then get subsidized insurance.

Interestingly, if you do not pay your fine there is literally no consequences written into the law. So you can get fined, but you can tell the IRS to stuff it and at this time there is no penalty for that.


Well, they could take the penalty from your tax return but you can avoid that with careful tax payments.
 
Another interesting tidbit, Japan also has no consequences for not getting insurance and around 10% of their population simply ignores the law and remain uncovered.


I think it is entirely plausible that the Court finds the mandate constitutional but the penalty unconstitutional.
 
so the real subject matter of the ACA should be that it's a worthless bill that will only cost the government billions because it can easily be ignored?
 
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