It looks like that Obamacare “built in” cushion that was supposed to protect those not making so much from getting raked over the coals by a government mandate they purchase healthcare, whether they could afford it or not, isn’t as reliable as the donkeys that sold it made it out to be. In fact, if you look at the new speculative numbers as shown below:
A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could owe back some of that money next April.
Those affected took advance payments of the premium tax credit for health insurance. Some married couples could owe $600 or $1,500 or $2,500 or even more. It might feel like a raw deal for some who are already suffocating under the escalating costs of health insurance.
“Health insurance is confusing enough, and now they’re adding the complexities of the Tax Code,” said Lorena Bencsik, a member of the Michigan Association of CPAs and owner of Prime Numbers in Ferndale.
When you file that 2014 tax return next year, the Internal Revenue Service will compare your actual income for the year with the amount you estimated when applying for exchange-based health insurance under the health insurance law.
It looks like the people least likely to afford this shit are about to get slammed with more costs than they could have expected. Of course, to people like me that live in the real world and not in liberal fantasy land, this was blatantly obvious. When the gangsters told you fools that they were “fixing healthcare”, making the thing affordable, accessible, and free, and all while reducing the deficit spending, those of us that can smell bullshit pointed that out, only to be rebuffed by people that want to live in fucking Candyland.
The article goes on to pretend that the issue is with life changes. Well duh! Did anyone not foresee this scenario? The advice? Report everything to the government about your life, and do so ASAP! Because after all, this government hasn’t shown any kind of propensity for abuse of power and a penchant to go after those it considers political enemies. Yeah, real sweet “free shit” deal there bozos. More intrusive government for crappy healthcare. What a trade off.