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If You're Uninsured Next Year, Prepare For Your Obamacare Penalty to Soar

With enrollment for the Affordable Care Act, also affably known as Obamacare, now closed for 2014, I believe it's fair to say that it's been a learning experience for all parties involved.

Obamacare, in a nutshell, is a complete transformation of how citizens in this country receive and pay for health care. There have been few precedents in history where such sweeping reforms have been implemented in the health care sector, so a learning curve was to be expected. Consumers had to learn how the law would affect them personally and understand how to make smart decisions by choosing a plan in an open marketplace. Businesses are also still in the process of understanding how part-time and full-time employees will be accounted for and affect their bottom-line. Even insurers have needed time to fully understand the demographics of their enrollees in order to price their premiums properly to both attract consumers and generate profits.

However, with a year under the belt so to speak, uninsured citizens who made the choice not to enroll for health insurance in 2014 may find that the smooth transition into Obamacare feels less like a slap on the wrist and more like a thud in 2015.

Source: Centers for Medicare & Medicaid Services, (link opens PDF).

Obamacare penalties set to soar
Overall, more than 8.1 million people enrolled in a federal or state-run health exchange for 2014. Yet, according to initial estimates from the Urban Institute's Health Policy Center from early March -- which claimed that 5.4 million enrollees in Obamacare were previously uninsured – the uninsurance rate of 18 to 64 year-old persons in this country is still over 15%, or approximately 48 million using current Census figures. Of course, not every uninsured person will face a penalty under the individual mandate due to a number of circumstances including low-income and hardship exemptions, but it does mean that millions of Americans are facing a tax penalty on their 2014 return when they file by April 15, 2015.

For 2014, the first year where the Affordable Care Act and individual mandate went into effect, uninsured persons who aren't exempt will face a penalty equal to the greater of $95 or 1% of their annual income, not to exceed cost of a bronze health-insurance plan.

Source:, Flickr.

In 2015, this gentle nudge toward signing up for health insurance is going to turn into something that resembles a push as Obamacare penalties are set to soar. Keeping with the idea of paying the greater of the two penalties, citizens who choose to go without health insurance for more than three months during the course of 2015 will face a penalty that's the greater of $325 or 2% of your annual income, not to exceed the annual cost of a bronze health plan. In other words, the minimum penalty will rise a not-so-subtle 242% while the top-line percentage penalty will double!

Although the IRS is using its "trust-but-verify" approach to discern which individuals did and did not have health insurance during the prior year, it's clear that the IRS is going to take mandate collection very seriously with the agency requesting in 2012 to hire an additional 1,269 employees, at a cost of $473.4 million according to the Treasury Department, specifically to assist with the Affordable Care Act's implementation. Even though the IRS can't garnish your wages, seize your possessions, or throw you in jail for not paying your Obamacare penalty, if you're owed money (and more than 80% of taxpayers are owed a refund at year's end) it can withhold your penalty amount from your refund. 

Source: White House on Flickr.

Will this be the result?
While the penalties themselves might not be overwhelming for many citizens, they could provide the impetus needed to persuade a number of currently uninsured individuals to sign up. As ACA penalties for non-compliance with the individual mandate continue to rise, the result will likely be an improvement in favorable enrollments for our nation's largest individual insurers such as UnitedHealth Group (NYSE: UNH  ) and WellPoint (NYSE: ANTM  ) . Remember, those unlikely to go to the doctor in the first place are probably among the healthiest (i.e., young adults). Getting these individuals signed up represents a key target for both UnitedHealth Group and WellPoint in their efforts to pay the higher costs associated with signing up sicker individuals. And given that UnitedHealth Group is showing signs of expanding their exchange footprint, it seems that they may recognize this opportunity (WellPoint is already competing aggressively for exchange lives, and estimates over 500,000 new members from the exchanges for this year).

But, the impetus to sign up may go beyond just the fact that the penalty for not having insurance is growing.

Part of the Obamacare learning curve also likely included uninsured individuals who chose to wait out a year to see how successfully the new health reform law was implemented. Following a year of better-than-expected enrollment and, thus far, primarily modest premium price increase requests from insurers, I would suggest that these modest cost increases could entice some on-the-fence uninsured individuals to sign up in 2015.

Another point to consider is that as the penalties for non-compliance with the individual mandate increase, the value proposition of potentially being able to claim tax deductions from health-care premiums paid versus paying a penalty which has no tax benefits may begin to flip in favor of signing up for health insurance.

I can speak from experience that, having signed up for Obamacare in my home state of Washington back in October, my penalty and the cost of enrolling in a health plan were fairly equal. In other words, I was going to pay a similar amount whether I chose to get health insurance or not. For me it made sense to both obtain coverage (I'm not getting any younger folks), and be able as a self-employed individual to claim my health-care premiums as a deduction. If I chose to simply pay the penalty I would receive no deduction and, worse still, would pay all medical costs out-of-pocket were they to arise. Obviously everyone's situation is unique, but I'd be surprised if there aren't other citizens out there that come to a similar realization next year.

Combined, all of these factors could spell a scenario conducive to higher quality enrollments in 2015 for both UnitedHealth Group and WellPoint.

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Read/Post Comments (54) | Recommend This Article (27)

Comments from our Foolish Readers

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  • Report this Comment On June 01, 2014, at 10:49 AM, spydercoendura wrote:

    This totally failed and illegal scam will be long gone by then.

  • Report this Comment On June 01, 2014, at 11:00 AM, rastus47 wrote:

    Bill Maher says obamacare is the greatest think every; he donated $ 1,000,000.00 to Obama! Sarah Silverman-trash mouth-says the same-hoe

  • Report this Comment On June 01, 2014, at 11:01 AM, rastus47 wrote:

    Repeal this pitifully designed bill and start over!

  • Report this Comment On June 01, 2014, at 11:11 AM, harrisonbounell wrote:

    the second most corrupt agency of the us govt , next to the va, should do a good job

  • Report this Comment On June 01, 2014, at 11:12 AM, ChrisMcPhail wrote:

    On June 28, 2012, the U.S. Supreme Court ruled that I cannot be required by law to purchase any insurance or enroll in any government Exchange coverage. Furthermore, Section 1555 of the PPACA affirms an individual’s right to choose to opt out of the Exchange:

    SEC. 1555 [42 U.S.C. 18115]. FREEDOM NOT TO PARTICIPATE IN FEDERAL HEALTH INSURANCE PROGRAMS. No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendment), and there shall be no penalty or fine imposed upon any such issuer for choosing not to participate in such programs."

  • Report this Comment On June 01, 2014, at 11:18 AM, nyclposter wrote:

    Just wait until this thing is in full swing........the o-bots are going to be screaming mad.

  • Report this Comment On June 01, 2014, at 11:20 AM, sabebrush6 wrote:

    There are 8 levels of control that must be obtained before you are able to create a social state. The first is the most important.

    1) Healthcare – Control healthcare and you control the people

    2) Poverty – Increase the Poverty level as high as possible, poor people are easier to control and will not fight back if you are providing everything for them to live.

    3) Debt – Increase the debt to an unsustainable level. That way you are able to increase taxes, and this will produce more poverty.

    4) Gun Control – Remove the ability to defend themselves from the Government. That way you are able to create a police state.

    5) Welfare – Take control of every aspect of their lives (Food, Housing, and Income)

    6) Education – Take control of what people read and listen to – take control of what children learn in school.

    7) Religion – Remove the belief in the God from the Government and schools.

    8) Class Warfare – Divide the people into the wealthy and the poor. This will cause more discontent and it will be easier to take (Tax) the wealthy with the support of the poor.

    Any of this sound familiar?

  • Report this Comment On June 01, 2014, at 11:24 AM, downeysoca wrote:

    Keeping with the idea of paying the greater of the two penalties, citizens who choose to go without health insurance for more than three months during the course of 2015 will face a penalty that's the greater of $325 or 2% of your annual income, not to exceed the annual cost of a bronze health plan. In other words, the lowest premium which I'm guessing is the bronze plan, the cost for it will be $325+/month! Way to much for a single person!

  • Report this Comment On June 01, 2014, at 11:30 AM, newolduser wrote:

    Some people are aways going to hate this, because it came from Obama, because it came from the Democrats, because it's big government, because it's going to take their guns away ...<just kidding>

    For me this bill has worked out to my advantage. I was able to cover my out-of-college child for a year under my insurance before he found a job with insurance of his own.

    I can now change jobs or get laid off without the fear of "what am I going to do about my insurance". I can buy my own at a reasonable price. Also I don't have to worry about that 'little cancer incident' causing the insurance companies to deny me coverage.

    Is it perfect, NO. Should we scrap it and start over again, HECK NO. It took far to long to get this.

    To me it's crazy that we ever tied health care to employment. This give us options.

    Make suggestions on how to make it better, not get rid of it. It is helping a lot of people.

    Any candidate who wants to repeal it is an automatic NO vote for me. I will consider candidates who are will to work for changes to it.

  • Report this Comment On June 01, 2014, at 11:53 AM, RickJordan wrote:

    And if you ARE insured, prepared to pay higher premiums, AND/OR lose your insurance, be forced into the Obama Care exchanges, AND pay higher premiums.

    Point? Everyone loses with Obama Care

  • Report this Comment On June 01, 2014, at 11:54 AM, had0511 wrote:

    I'd like to find the geniuses that designed the income guidelines to try paying rent on two bedroom apartment, a car payment and then try to pay a health insurance premium of 550/month with no subsidy and still eat in southern california.

  • Report this Comment On June 01, 2014, at 11:55 AM, sogole wrote:

    How can our own government do this to us?

  • Report this Comment On June 01, 2014, at 11:57 AM, had0511 wrote:

    Temp agencies get a bye on the ACA and don't have to provide coverage so if you can't get a job with insurance but get paid just enough to make rent and car payment. You get taxed because you can't pay the mega premium. What a cluster, screw the people just getting by and let businesses slide with NO PENALTY

  • Report this Comment On June 01, 2014, at 12:04 PM, Dangren wrote:

    Your logic is leaky. The majority of us don't qualify for assistance so, you're looking at a monthly expense of, at least, $400.

    That's $4,800.00 vs $325.00

    So, what are you on about?

  • Report this Comment On June 01, 2014, at 12:08 PM, GuitarJim wrote:

    If you're getting a refund that's greater than 2% of your AGI then you either had a financial disaster that dramatically reduced your liability for the taxes you've already paid, or you're an idiot who can't manage your personal finances and you have no business reading an investment blog site. When you figure out your withholding or your quarterly estimated tax payments, depending on how you pay, your objective is to come as close as possible to breaking even, neither owing taxes nor being owed a refund. If you have to err a little then err on the side of owing a little tax. Just don't go so far that you owe an underpayment penalty. The IRS wouldn't give you an interest free loan, so you shouldn't be giving them one.

    The IRS has absolutely no teeth to collect the penalty. As the article alludes, they can only deduct it from your refund or ask you nicely if you'll pay it. This is not a matter of policy that Obama can change at his whim. It's written into the law. No liens. No levies. No criminal penalties. If it weren't for this fact then Justice Roberts never would have been able to conclude that the law allows an American to "opt-out" and legally choose not to participate.

  • Report this Comment On June 01, 2014, at 12:14 PM, mark636 wrote:

    I can't wait for the Jon Stewart watching ubertards to get the fine!

  • Report this Comment On June 01, 2014, at 12:44 PM, stupidjerk wrote:

    I'm never going to support pharmaceutical companies.

    I don't care how good the stock is. It's based on lies and deceit. If a drug really worked why is a new one needed every few years? These are the people responsible for high health cost. Politician's pockets are lined with their money. Now they're forcing us to subscribe to this. This should be totally unacceptable. This is tyranny.

  • Report this Comment On June 01, 2014, at 12:53 PM, jhowa wrote:

    like to see your math on this comment

    "I can speak from experience that, having signed up for Obamacare in my home state of Washington back in October, my penalty and the cost of enrolling in a health plan were fairly equal. "

    penalty is 1 percent or 95 bucks which ever the greater. this is an annual payment , OC is a monthly payment....

  • Report this Comment On June 01, 2014, at 1:20 PM, ObamaWho wrote:

    BIG DEAL! I made 28,000 last year (2013). So this year's penalty will be 1% or $280.00 Because my employer cut my hours, I'll make MAYBE $25,000 this year (2014). So I'll have to pay $520.00 penalty! That is far better than paying $200.00 per month, $2,400 for the year (with the federal subsidy) and still having a $6,000 deductible or out of pocket expense. And my doctor does not or is not listed as a provider under the "Bronze" (I say LEAD!) plan. I have a car payment, rent, utilities, gasoline and food to pay for. And I also suggest that the CPI is NOT 1-2%. Maybe more like 10-12% inflation rate. Why should I pay for a 10% monthly "gross" cost vs. 2% IRS penalty. Obamacare is the biggest rip off of the American people in our countries history!!!

  • Report this Comment On June 01, 2014, at 1:27 PM, dubujul wrote:

    There are over 70 impeachable offenses made by our Socialist Fearless Leader, and this is one of them. Hope the impeachment goes through....

  • Report this Comment On June 01, 2014, at 1:34 PM, 2smartforlibs wrote:

    Only the low information crowd sees the joke of a healthcare act as a good thing. Those with brains knew for the beginning it was going to cost a fortune and end up as socialized single payer rationed care

  • Report this Comment On June 01, 2014, at 1:41 PM, RFTECH3000 wrote:

    Really ? who says that the penalties or even the individual mandate will still be there next year ?

    There are 3 scenarios:

    1.) Obama will unilaterally suspend the individual

    mandate and the penalties until 2015

    2.) Vulnerable senate dems will offer a bill that

    either repeals or delays the individual mandate

    3.) After the GOP wins back the senate they will

    offer a bill that repeals the mandate and

    democrats up for reelection in 2016 will back it

    with a majority big enough to overwrite a

    Veto by Obama !

    The mandate still is the most unpopular part of the ACA so by repealing it democrats could boost their chances

  • Report this Comment On June 01, 2014, at 1:47 PM, RFTECH3000 wrote:

    Get real Sean ,

    the Penalty really only will face you if you make a bunch of money !

    Lets say you make $30000 each year , now lets say you can get a subsidized plan for $120 a month or unsubsidized for $450 each month , this makes $1440 or $5400 each year in premiums.

    This translates into 4.8% or 18% of your income , so as long as the percentage of the penalty is lower than those numbers it will be cheaper to take the fine

  • Report this Comment On June 01, 2014, at 2:03 PM, Kay10 wrote:

    You vill do what I say!.................or you vill face a firing squad.

  • Report this Comment On June 01, 2014, at 2:15 PM, lrac wrote:

    Comrade you will buy our healthcare and like it, or maybe we break-a you legs, so give us your money now!!! or maybe we kill you!!!

  • Report this Comment On June 01, 2014, at 2:17 PM, jaxkitten wrote:

    Great, finally put the scew on deadbeats who go uninsured and then when they get sick wind up at the emergency rooms so the tax payers are responsible for their expensive tabs. These irresponsible folk have to put some skin in the game now by paying penalties so the rest of us aren't played entirely for chumps.

  • Report this Comment On June 01, 2014, at 2:20 PM, skipgainer61 wrote:

    It is great to see debtors fines and prisons making a come back. Is this why Obama is releasing all those illegals so he has room in our prisons for American citizens exercising their lost freedom. Obama releases murderers, rapist and terrorist so he can imprison Americans that disagree with him and his policies!

  • Report this Comment On June 01, 2014, at 2:21 PM, junkmail123456 wrote:

    every one forgets that if u pay the fine u still have no insurance and will have to go bankrupt if u have and accident or get very sick and have to go to the hospital..........

  • Report this Comment On June 01, 2014, at 2:25 PM, entitled wrote:

    You think this is it, I mean just this penalty? Nope, this law just keeps on 'giving' because most of us with employer provided HC will lose it in the coming years. The consensus is that we will be given a stipend to cover the cost of buying on an exchange.

    Here's the problem...Your employer HC costs are not taxed in your paycheck as income. It is exempt. However, when your employer gives you a stipend to replace what you've lost it WILL BE TAXED AS INCOME! A double whammy.....So let's say you make 50k/year now. You pay income tax on 50k minus some deductions. You now lose your employee HC but it is replaced by say 10k/year. Your income level is now 60k/year for tax purposes and you will now be paying income tax on this previously tax exempt 'employee benefit'....More thanks to the pompous, liberal dopes that crammed this ugly law down our throats. Liberalism is a 'PROGRESSIVE' disease that afflicts the chronically ignorant.

  • Report this Comment On June 01, 2014, at 2:40 PM, ChastainIronduke wrote:

    Okay, so let me get this straight. I can't afford health insurance because it costs too much, so now they are forcing me to buy health insurance I can't afford.

    Um. . .Guys? I know you're rich and don't care about people like me, but please stahp.

    I am single, never been married, live in a dink trailer, drive a 25 year old car to work because who the hell can afford a new car, have a job that I went to tech school to learn but still am making what I made 10 years ago, don't smoke or drink, and the worst thing that's happened to me medically speaking(so far) is appendicitis 8 years ago.

    Now that this mess is in full swing, suddenly I am magically supposed to have $600 a month to just fritter away on this? That's more than a payment on a new Camaro. If I could afford to pay that much I would have a new Camaro, and actually have something to show for it when I am done, instead of a $7,000 hole in my pocket every year.

    But what if I get sick!? Guess what, I do the same thing I did when I actually HAD insurance, and that's go to work sick, or call in and hope I don't get fired. Office calls are not free, and as soon as this Obamacare stuff started hitting the premiums of the insurance I DID have quadrupled and I dropped it because I needed that money in my paycheck, not vanishing into the aether along with my reasonable co-pay, which went from $30 for an office call to $90 overnight.

    The way it stands now, that same insurance would pay up to $7,000 on a hospital emergency(like appendicitis) out of the $48,000 it cost me(which I am still paying for and did not default on). Wow. So I would "only" have to pay 41K for an appendectomy. That $600 a month sure is looking mighty appealing right now. And now they want to garnish my tax return, the ONE time of year I can actually afford to get things done, and sock a little money away if I don't buy into their insurance scam?


  • Report this Comment On June 01, 2014, at 2:51 PM, Tiger69 wrote:

    Is this a forum for hate-mongering nut cases? The US is so woefully behind nearly every other Western Nation when it comes to decent and affordable healthcare. Is ACA imperfect? Of course. But only because of the compromises that were extracted to get SOMETHING started. We need to reform it, not destroy it. Oh, and convert to a single payer system. I know

    For the inevitable idiot who claims that we have the best Medical Care on earth, I concede that we do -- if you are very wealthy and very sick. Otherwise, you would be better off moving nearly anywhere in Europe. I can personally attest for the UK, France, Spain as well as south of the border in Mexico.

  • Report this Comment On June 01, 2014, at 2:53 PM, feedup1 wrote:

    From the beginning a lot of us knew this was a scam to fill the insurance companies pockets as the politicians have done for years and in return the insurance companies line the politicians pockets. If you think that just because this started out some what reasonably priced just wait until it all comes full circle, it will break you. I may be a good idea for everyone to have insurance but this has a bigger plan behind it.

  • Report this Comment On June 01, 2014, at 3:18 PM, NotSoMotley wrote:

    No one ever has to pay the penalty.

    Just make sure that you don't have a refund due from the IRS. They can NEVER collect the money from you except by deducting it from your refund. If you have no refund due, they collect no penalty.

    So, always underwithhold so that you have to pay a small balance or come out even

    ... or better yet, don't pay the IRS anything, don't file and refuse to fund the government until this fascist-socialist monstrosity has been repealed.

  • Report this Comment On June 01, 2014, at 3:24 PM, rocsoe wrote:

    I'm not too worried about it because the money is not there to support this no matter how you wrap it up.

  • Report this Comment On June 01, 2014, at 3:53 PM, Nohatemonger wrote:

    Out of the 33 posts I read above only 3 seem to think this is a good idea.

    To the author Sean Williams. Going along with any law, just because it is the law is not a justifiable reason for any self-aware society. (see1930's Germany) I am not about to support a plan which takes money out of an individuals pocket to support insurance and pharmaceutical corporations.

    To newolduser who said " I can buy my own at a reasonable price." Reasonable depends on your income and anyone receiving subsidies because they can't afford to pay, can't afford the deductibles anyway. So we (the taxpayers) will be stuck paying for them just like before.

    To Tiger69 who thinks disagreeing with being forced to pay for something I cannot afford makes me a "hate-mongering nut job", I'm happy you can afford to throw away your money on this pro-insurance company scam. We DON'T need to reform it, we do need to REPEAL it and then start over. This time including all Americans in the process. Like Obama said "Elections have consequences!". Oh, and we absolutely don not need a single payer system. (See VA hospitals.)

    Finally to ImDanielle2: We are adults. You are the one throwing a temper tantrum because we want to control our own destinies. We all have the constitutional right to make bad (i.e stupid) choices. In short, I'm not the problem, YOU ARE for believing you have the right to dictate where people should spend there hard earned cash. (P.S. I haven't had or needed health insurance for 30 years, and I definitely won't be bullied into buying it now. And I won't be paying the IRS any penalties either!)

  • Report this Comment On June 01, 2014, at 4:27 PM, brianw wrote:

    A lesson to learn and a fact to remember, these "fines" come out of your tax re-embursment, so in short, if you expect to get any money back on your tax refund, don't..

    (interesting side note, the IRS has no way to force add a tax onto your filing, so if you want to avoid paying the fine all together, just work your taxes so that you don't pay any extra that would require a refund. no refund balance, nothing for them to take away before they give it back.)

  • Report this Comment On June 01, 2014, at 4:46 PM, JeffreyPtr wrote:

    I've remained uninsured for several reasons. The biggest one is simply the price of a policy. At my age, in my state the lowest priced Bronze plan is $6696 with a deductible of $6325, my penalty is likely to be around $700. The cost is too high for the benefits a policy offers. Even if premiums don't increase, a penalty of $1400 is still acceptable over the cost of insurance.

  • Report this Comment On June 01, 2014, at 4:57 PM, sporked wrote:

    This is the new Health care situation

    The rich like Bill Maher don't care because he has the money to pay for his own health care.

    The poor don't care because there getting something for nothing, just like they always had on Medicaid.

    The average person is getting nailed because what they had is going away and being replaced with the same thing the poor have. Difference is there paying for it..

    Thanks Obama. The worst President in US History,.

  • Report this Comment On June 01, 2014, at 5:42 PM, wm46intown wrote:

    thank God, you irresponsible dead beats who think I should pay for you when you get sick disgust me! AMEN to the Obama Care or whatever other law comes along that forces deadbeats to pay their fair share! YAY!

  • Report this Comment On June 01, 2014, at 5:49 PM, Lance1234 wrote:

    Heavier whips and more lashes have always been effective in whipping the slaves into line. This is no different.

  • Report this Comment On June 01, 2014, at 5:56 PM, randydevinney wrote:

    Hopefully by this time next year we will have elected a congress that really represents the people. State-controlled healthcare will be repealed and the communist dictator who forced it upon us will be impeached.

  • Report this Comment On June 01, 2014, at 6:11 PM, darjo wrote:

    So the penalty is going up 242%. How much are the premiums and deductibles going to go up to pay for this mess? Want to bet the fine is still going to be considerably less? My bet is the states are going to go into the private Health care business and dump all Government employees and prisoners into Obamacare.

  • Report this Comment On June 01, 2014, at 6:15 PM, bamissfa wrote:

    sick of Obamacare.

    we will probably lose our employer sponsored plan

    due to this illegal alien muslim dictator

    i will never buy obamacare screw him

  • Report this Comment On June 01, 2014, at 6:34 PM, jimwolf511 wrote:

    Obamacare was simply an overkill for a very simple fix.. Make the healthcare carriers take the uninsurable people at a insurable rate and charge all healthcare for Americans a 1% rate increase.. The problem would be solved and no one gets burned by a problematic law.. I am just a 65 year old novice and figured out this very simple problem.. 637 elected officials and we as a country are paying a horrific price...

  • Report this Comment On June 01, 2014, at 6:38 PM, WalkerT wrote:

    I'm jobless and pretty much broke as it is!!! I am a disabled vet who thought that the VA would/could work for me. So, the IRS can take all they want!!! If i'm still around next year (God willing), I want to see the reaction to these penalties!!!

  • Report this Comment On June 01, 2014, at 6:38 PM, armercladstocks wrote:

    waaa-waaa. You Teatards are priceless. This law is not only here to stay, it is a good law./

  • Report this Comment On June 01, 2014, at 6:47 PM, friskylamb wrote:

    ONLY ones that will make out on this horrible healthcare are those making 25,000 or less a year. Everyone else pays thru the nose for less coverage and sky high deductibles. Most liberals think this is fantastic since most are on government subsidies and have no job. Liberals are extremely lazy (like Obama) and love to live of the government while doing their drugs. Putting Obama in for a second term basically killed this country. Obama does nothing, knows nothing and is nothing!!!

  • Report this Comment On June 01, 2014, at 6:59 PM, shannon1992 wrote:


  • Report this Comment On June 01, 2014, at 8:50 PM, NoMoeMoney wrote:

    The collapse of this country is right around the corner and Obamacare is just another tool to get us there. A note to the liberal fools who think everybody should just shut up and go along with this disaster, there will come a day similar to 9/11 when the world changes in an instant, only it will effect everybody instead of a small group caught in the towers. You will be forced to make a decision like those poor people had to, either burn up or fall to your death. The darkness is very,very close.

  • Report this Comment On June 01, 2014, at 11:10 PM, captpfitz wrote:

    Well I have insurance with work. But my husband doesn't. He had an ok policy that we could afford, now he has one that is way less coverage for alot less money. And what ticks me off so bad....THE ONLY insurance offered in Alabama is BCBS! So they can set your rates where ever they like and you can do nothing about it! I remember when they broke up the phone for the same thing! I would not vote for Obama even if he could run again! It has become a sad sad state of affairs in this country!

  • Report this Comment On June 02, 2014, at 2:04 AM, Ryan45212 wrote:

    Im curious it just says you have to sign up for the aca it doesnt say you have to make the payments. If im correct if you make one payment they have to keep you insured for 90 days with perhaps varying rules so if you only make a payment once every 3 months you ll be basically covered and if u just sign up you covered yourself cause it says sign up not pay .. And if you sign up and make one payment thats gonna throw the irs off cause they arent gonna report month one paid two not three not four paid? If they wanna mess with you mess with them back

  • Report this Comment On June 02, 2014, at 2:06 AM, Ryan45212 wrote:

    I do know my sister and her husbands coverage thru his work has gotten worse every year and next year really bad now they have to pay co payment co insurance and each spend 1500 a piece before the insurance kicks in ..And this is on employer coverage so look for yours to change too. use to be simple co pay and that was it.

  • Report this Comment On June 03, 2014, at 9:27 AM, spydercoendura wrote:

    This writer ignores one very important fact; Next years penalties won't happen until AFTER the mid=term elections that are 5 months away. Every stinkin' Democrat running this November is going to LOOSE!

    America's opposition to the Obamacare individual mandate has reached an all-time 2014 high, according to a Rasmussen Report survey published Monday.

    only 39 percent support Obama’s individual mandate.

    And from USA TODAY:

    More employees are getting hit with higher health insurance premiums and co-payments, and many don't have the money to cover unexpected medical expenses, a new report finds. More than half of companies (56%) increased employees' share of health care premiums or co-payments for doctors' visits in 2013, and 59% of employers say they intend to do the same in 2014, according to the annual Aflac WorkForces Report. It's based on a survey of 1,856 employers and 5,209 employees at small, medium and large-size companies...The need to control costs is driving many companies' decisions on benefits, Owenby says. The report shows that almost half of employers (49%) agree that controlling costs is the primary objective, and took steps to contain costs, including:

    • 39% hired independent contractors or consultants.

    • 32% eliminated or delayed raises.

    • 22% eliminated or cut back on benefits.

    • 21% changed some full-time workers to part-time workers.

    The individual mandate will be repealed by the Republican congress next year and any remaining democrat who wants a chance to keep their office will gladly go along with the repeal. Without the mandate, Obamacare will dry up and blow away.

  • Report this Comment On June 03, 2014, at 9:52 AM, watson14 wrote:

    All the deadbeats who have money for beer, atv's, and toys and run to the emergency room for free - but don't have money for health insurance? Or the ones who send all their money to family in a foreign country - cuz their health care is free here?

    Gosh, I feel so sorry their rights are being violated, what about my right NOT to have to pay for their healthcare??

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Sean Williams

A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and in investment planning topics. You'll usually find him writing about Obamacare, marijuana, developing drugs, diagnostics, and medical devices, Social Security, taxes, or any number of other macroeconomic issues.

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