Obamacare mandatory insurance or Obamacare mandatory fine? Many Americans say the fine is cheaper!
Michigan woman Susan Reardon, 61 says she's leaning toward going uninsured this year. "She calculated that she would have to spend more than $12,000, including premiums of nearly $500 a month and a $6,850 deductible, to get anything beyond preventive benefits from the cheapest exchange plan available to her," the New York Times reports.
WASHINGTON — Three days into 2016, the New York Times published an informative article that shows many Americans are opting to pay a mandatory fine to the IRS rather than buy health insurance mandated under the Affordable Care Act commonly known as Obamacare.
For some, the cost isn't the issue. They dislike the lack of choices and options available in many Obamacare insurance marketplace plans. One contract part-time Texas engineer cited in the New York Times piece figured that it would cost him$1,800 to be uninsured this year, while buying an Obamacare plan would cost him more than $2,900. The number don't add up for people like this man, who would rather pay his own way should he need to see a doctor.
Healthcare is a contentious issue in the United States. Unlike some places in the world such as Taiwan, the U.S. doesn't have a high-quality government-run medical system that at least generally meets the requirements of most citizens. The U.S. is also not exceptionally generous when it comes to health care; unlike certain European countries, where the medical system is heavily subsidized by governmental grants.
The Affordable Care Act was meant to find a happy medium between a more socialist European-style insurance scheme and unrestrained capitalism. But Obamacare is making many unhappy by forcing Americans to purchase what appears to some to be an inferior quality product — on pain of a fine from the much unloved IRS — which this year goes to about $695 per uninsured adult, or 2.5 percent of the person's household yearly income.
Claiming one has a choice to either purchase selected insurance plans or pay a fine is oxymoronic, as no true choice is offered. The New York Times article clearly expresses the opinions of many who feel their freedom is being infringed upon.
The IRS says about 12 million underprivileged Americans were exempted from health care fines in 2014, while about 7.5 million folks paid the fine, which to some is simply a better deal.
Do you agree with those who oppose mandatory Obamacare insurance as a violation of personal liberty? Or do you agree with the spokesperson for the U.S. Department of Health and Human Services who said it's better to buy into the Obamacare system as going without health insurance is a serious gamble?
This Jan. 3, 2015 New York Times article is making waves after reporting that for some Americans, paying the fine for not being covered under Obamacare is actually a better deal than buying Obamacare insurance. SCREENSHOT / THE NEW YORK TIMES
As per the Affordable Care Act, commonly known as Obamacare, American adults still uninsured in 2016 will be fined 2.5 percent of their yearly household income or $695 per adult — up from last year's US$325. REUTERS
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