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If you are going for expensive traditional health insurance for individuals, then it is advisable to have a look on some low cost alternatives also. Adopting a rational approach to select a good health insurance for individuals plan is … read more…
Knowing What Exactly is Health Insurance | Yoga Ride
Self insured or uninsured This kind of health-related insurance refers to two types of individuals. First, this type actually refers to individuals who have no health-related insurance at all. The second type of individuals is the one … read more…
Your Credit Score Can Impact Your Auto Insurance Rate- Believe It …
Health Insurance Rates … Link between credit score and premiums- In recent years, insurance companies have found that individuals with problematic scores tend to file more claims. As a result, the majority of insurance companies feel that individuals with an increased tendency to file insurance claims should pay more for insurance coverage, get less coverage, or experience a total coverage denial. Credit score improvement- Some good news is that you can do a few things … read more…
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Shredding Laws and Your Business
It is no longer a matter of common courtesy for you and your business to shred your customers’ confidential information. The rise in identity theft crimes has caused congress to act by passing three m… read more…
How To Reduce Costs Of Health Insurance For Individuals
If you are going for expensive traditional health insurance for individuals, then it is advisable to have a look on some low cost alternatives also.
Adopting a rational approach to select a good hea… read more…
Medical Insurance and Tax Incentive
If you plan to work independently in the future, try to think about some consequences might arise when you decide to do it.When you are employed, your employee will be the one to pay your read more…
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Health Insurance Coverage – Free Health Insurance Quotes
HealthInsuranceCoverage.com is your one-stop resource for all things related to health insurance. Visit – http://www.healthinsurancecoverage.com/
Open Question: Buy it or go to JAIL…what is the Government selling…..?
PELOSI: Buy a $15,000 Policy or Go to Jail
JCT Confirms Failure to Comply with Democrats’ Mandate Can Lead to 5 Years in Jail
Friday, November 06, 2009
Today, Ranking Member of the House Ways and Means Committee Dave Camp (R-MI) released a letter from the non-partisan Joint Committee on Taxation (JCT) confirming that the failure to comply with the individual mandate to buy health insurance contained in the Pelosi health care bill (H.R. 3962, as amended) could land people in jail. The JCT letter makes clear that Americans who do not maintain “acceptable health insurance coverage” and who choose not to pay the bill’s new individual mandate tax (generally 2.5% of income), are subject to numerous civil and criminal penalties, including criminal fines of up to $250,000 and imprisonment of up to five years.
In response to the JCT letter, Camp said: “This is the ultimate example of the Democrats’ command-and-control style of governing – buy what we tell you or go to jail. It is outrageous and it should be stopped immediately.”
Key excerpts from the JCT letter appear below:
“H.R. 3962 provides that an individual (or a husband and wife in the case of a joint return) who does not, at any time during the taxable year, maintain acceptable health insurance coverage for himself or herself and each of his or her qualifying children is subject to an additional tax.” [page 1]
– - – - – - – - – -
“If the government determines that the taxpayer’s unpaid tax liability results from willful behavior, the following penalties could apply…” [page 2]
– - – - – - – - – -
“Criminal penalties
Prosecution is authorized under the Code for a variety of offenses. Depending on the level of the noncompliance, the following penalties could apply to an individual:
• Section 7203 – misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.
• Section 7201 – felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years.” [page 3]
When confronted with this same issue during its consideration of a similar individual mandate tax, the Senate Finance Committee worked on a bipartisan basis to include language in its bill that shielded Americans from civil and criminal penalties. The Pelosi bill, however, contains no similar language protecting American citizens from civil and criminal tax penalties that could include a $250,000 fine and five years in jail.
“The Senate Finance Committee had the good sense to eliminate the extreme penalty of incarceration. Speaker Pelosi’s decision to leave in the jail time provision is a threat to every family who cannot afford the $15,000 premium her plan creates. Fortunately, Republicans have an alternative that will lower health insurance costs without raising taxes or cutting Medicare,” said Camp.
According to the Congressional Budget Office the lowest cost family non-group plan under the Speaker’s bill would cost $15,000 in 2016.
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Funny I do not see any libs on here…have they seen the light that its meerely a Gov. take over.
Of course i copied and pasted it I got from a source you idiot…why would I type all that out if its already done for me…I am much smarter than you obviously….most people cut and paste things..
MWS try something new like reading you should run for Con-gress they do not read anything either..it does not say if you have insurance.. they are clearly setting it up for a Gov tske over. duhhh
Open Question: How do you get a a precise number like 2,266 from hazy ones like “about 1.5 million people” and “about a 40%..?
higher risk?
The analysis uses census data to isolate the number of US veterans who lack both private health coverage and care offered by the VA.
“That’s a group that’s about 1.5 million people,” said David Himmelstein, an associate professor of medicine at Harvard Medical School and co-founder of Physicians for a National Health Program who co-authored the study.
Himmelstein and co-author Stephanie Woolhandler, also a Harvard medical professor, overlaid that figure with another study examining the mortality rate associated with lack of health insurance.
“The uninsured have about a 40 percent higher risk of dying each year than otherwise comparable insured individuals,” Himmelstein told AFP.
http://news.yahoo.com/s/afp/20091111/ts_alt_afp/healthusinsurancemilitary
Open Question: Please give me advice about choosing a health insurance plan?
I need to find an individual health insurance plan for myself. I am 27 and my previous coverage ended (which was through my college). As a young adult I had ulcerative colitis, but it has been a few years since I have had any issues (or doctors visits about it) and my last colonoscopy report (a few years ago) stated that there was not only no evidence of present colitis but no evidence of past colitis (which was great news). Well, recently I have been having symptoms, but refuse to go see a doctor about it until I have health insurance. I did have a physical exam this past month and was told that I needed to have an abdominal ultrasound for other symptoms. One, I am worried that somehow an insurance company could get ahold of these past records and deny any future treatment. I told this to the practitioner and told her I didn’t want her to make that referrals yet. Is it possible for an insurance company to find out about this last visit and its results and in effect deny future coverage? So, to get to the point of my inquiry, I do not understand which factors will aid me the most in a health insurance plan. It sounds as though a PPO is best, and one with a HSA is ideal, but I am confused about how it actually works and whether I would actually benefit from a higher or lower deductible in the end. Remember, I MUST have a colonoscopy as well as one or two procedures (such as ultrasounds) in the near future. I am worried that the results of these procedures might reveal something more serious and would require further treatment. THANK YOU SO MUCH for your answers, I really appreciate it!!!!
Over 2200 vets died last year…
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