PAC MAN Posted October 29, 2014 Share Posted October 29, 2014 http://www.foxnews.com/politics/2014/10/29/death-spiral-short-term-health-plans-grow-as-cheap-alternative-to-obamacare/ When has anything worked under the Imam? Link to comment Share on other sites More sharing options...
Orange Posted October 29, 2014 Share Posted October 29, 2014 "I really don’t think a lot of people are going to buy these policies because with these, people can’t get the financial assistance they can get in the [ObamaCare] marketplace,†Cheryl Fish-Parcham, Private Insurance Program Director at the pro-ObamaCare Families USA told FoxNews.com. She added that, except for people in unusual circumstances, the short-term plans are not a good deal. “There are a lot of protections that they are missing out on. For instance if you have pre-existing condition, you are going to be rejected. If you get pre-existing condition while on the plan, that insurer is not going to sell to you again.†There is another catch to having short-term insurance: Customers still have to pay the tax penalty for not having ObamaCare insurance. That fine is $95 annually per person, although it has been waived for those who lost their insurance due to ObamaCare. But by the year 2016, it will rise to a more substantial $695 per person or 2.5 percent of your income (whichever is greater.) But Kosloske of Health Insurance Innovations says even with the fine, it is still worth it for most people to go with temporary insurance for now, unless their income is low enough to qualify for the largest subsidies. So they realize none of the benefits of a decent insurance plan, while still paying the Obamacare penalty. LMAO, right. Obamacare is dying. Link to comment Share on other sites More sharing options...
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