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Feb 01 2013

Cheapest ObamaCare Plan: $20K

Remember when we were told that if the federal government seized control over healthcare insurance, prices would come down? To anyone gullible enough to believe such a preposterous lie, welcome to reality:

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. …

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.

If you are rich, you can afford it. If you are poor, the government will make someone else pay. If you are anywhere in between, the Democrats have screwed you royally yet again.

Obamacare

On tips from TheWrightWing, Sean C, Steven A, and G. Fox.

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  • justme

    Where have we seen business practices like this before? A group comes in and strong arms the competition, forcing them out of business, becomes a monopoly and exorbitantly raises the price of products and services – Hint he came from Chicago too and is well know for Valentines Day Massacres. The Ultimate collapse looks to be months away now.

  • Kevin R.

    With inflation the price and the tax will both be even more.

    And don’t forget, before ObamaCare was rubber-stamped Obama was blaming the bad economy on healthcare costs and ObamaCare was supposed to be a big part of his solution to the poor economy.

    Lies and rationalizations, that’s all Obama has to offer.

  • Ummah Gummah

    .

    If it isn’t obvious already: The wonderboy isn’t doing all of this out of bumbling ignorance. This is all by design.

    Cloward-Pliven’s design.

    They finally found the ONE who could get elected and implement their plan.

    .

  • Skyfall

    Design indeed, Ummah. I just got the 4th increase in my private health insurance in 12 months. To be fair, one was do to my age (they bump you up at certain age-brackets), but the other three were due to Obama-care. I know. I asked.

    Thanks Mr. President. Your plan is proceeding right on schedule.

  • Ghost of FA Hayek

    I doubt they figured in the 11-20 million in free healthcare policies McLettuce and RINO Rubio are set to deliver.
    http://sweetness-light.com/archive/shocker-amnesty-will-add-millions-to-o-care#.UQwkxmeDo_w

  • Dupree

    Also, if your employer drops coverage and you are forced to purchase your family coverage through the exchanges, you will be paying your $20,000 premiums with after-tax dollars. Individuals cannot setup section 125 pre-tax plans like employers can. Also, they just increased the threshold at which you can deduct medical expenses from those expenses in excess of 7.5% of income to those in excess of 10% of income. Surprise!

  • Flu-Bird

    Obama care means returning to blood letting and leeches although Obama is suureounded with leeches in the UN and his own party

  • Mr Evilwrench

    Plus, if you are employed, you’ll be trying to pay that 20 kilobux on 28 hour weeks, because that’s all they can pay you for without covering you. Yay, job growth! There should be plenty of these 28 hour jobs coming available, of course most of them will be filled by people that already have one.

  • Ghost of FA Hayek

    Now unions which supported O care are demanding taxpayers subsidize their policies
    http://reason.com/blog/2013/01/31/will-obamacare-undermine-union-membershi

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