What would YOU like to know about the 2010 Health Care bill?
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M$4 Answers
I have health care coverage myself but I am interested because I have adult children who could use coverage.
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M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$That is, in fact, the very first thing in the list about the bill's most important provisions: 2.5% of your Adjusted Gross Income.
I'm trying to shore up any gaps to make Mahalo's page the go-to webpage for accurate factual information about the bill's provisions. Is there something it does not cover regarding the bill that you would want to know?
Catemars if you would actually read my question through you would see quite clearly that I'm talking about Mahalo's own page on the bill, and that the link to the page is right in it. Either way here it is again: http://www.mahalo.com/health-care-education-affordability-reconciliation-act-of-2010
To continue with this line: it's not your income that's fined but your AGI. Adjusted Gross Income is a different number, it's the one you see on your taxes after your tax people do everything they can to reduce it usually by a pretty hefty chunk.
Also remember this doesn't occur in a vacuum, there are also significant changes to make it cheaper to get insurance than incur the fine, and many of these provisions will take effect slowly over the next 4 to 8 years.
As a matter of fact I do, the Fast Facts on the right links to the bill's text itself, as well as an automatic "how will this affect me" calculator.
You're saying that the fine for not buying into the health insurance plan is 2.5% of my income? I find that hard to believe, but then again, I haven't done any research on it yet. Please do provide a link on the page to this detail if you find one. Thanks!
You're right. I hadn't taken the time to read your question thoroughly. Thanks for taking the time to provide an answer. I've since looked at your page and it's quite good, but I'm still curious - do you have any links to an actual bill (not an article about the bill, but the bill itself).
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M$
That's a good question, I've even dug through the bills themselves a bit and not found a number listed anywhere. Presumably this falls under some confluence of existing regulations about what constitutes insurance vs a joke. I'll keep looking though!