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Will low income families have to pay for Obamacare?

Health Insurance topics including Obamacare & Health Insurance quotes

Will low income families have to pay for Obamacare?

Postby ricardo » Mon Nov 19, 2012 11:06 pm

I'm seeking a legitimate answer for this question, no Obama-hating.... I couldn't really find the answer in my own searches so I've left this to my last resort. I saw something about families who make less than $9,500 but I wasn't really sure.
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Will low income families have to pay for Obamacare?

Postby innes » Mon Nov 19, 2012 11:10 pm

"Low income" is a matter of opinion.

And your question is vague, too. In states that allow Medicaid for families (ie, non-disabled adults, as well as children), then $9500 a year income for three people will qualify for Medicaid in just about every state.

Those families would ALSO be exempt from the provision of "obamacare" that requires them to PURCHASE health insurance. However, odds are they'll still be paying TAXES that go towards paying for "obamacare".

Maybe you think that Obamacare is actually an insurance program - it's not. It's a bunch of taxes, and a requirement that you go out and buy health insurance.
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Will low income families have to pay for Obamacare?

Postby culloden » Mon Nov 19, 2012 11:14 pm

If you are exempt due to economic hardship you do not have to pay the tax penalty. If you are low income you may be eligible for Medicaid under the expanded plan which not all states will be doing but it allows people without children and single and under age 65 to get Medicaid. I dont know about the $9,500 figure but someone under $15,000 a year and single can qualify for Medicaid.

Here is a link to the Obamacare website. Maybe you can find it there.
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Will low income families have to pay for Obamacare?

Postby emile » Mon Nov 19, 2012 11:21 pm

No. There will be subsidies based on your income. And when you say low income, it depends on what you mean. The law expands medicaid, so most low income people will qualify for that.

The cap on premiums for those under 400% of the poverty level but above the Medicaid level is 2% of your income if you are 133% of the federal poverty level. So on an income of 20K, that's 33 a month. Really cheap for insurance for a family.
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Will low income families have to pay for Obamacare?

Postby humility52 » Mon Nov 19, 2012 11:29 pm

Under ObamaCare a plethora of new taxes will be paid by business and the middle class. It's legal because the Supreme Court of the United States of America ruled it a tax. Business's must provide insurance for all fullte employees if they have fifty or more employees or pay a tax. Insurance is very very expensive and employes started doing two things following Obama's reelection. They at not hiring more than fifty employees and are cutting hours keeping employees part time. The act changed the definition of fulltime to be 30 hours rather than 38. Until this year employers decided what was fulltime. It took lawmakers 18 pages to define fulltime. If you don't work or can't or are below the poverty level the government will provide free health insurance. Free for you but the middle class will be paying most of the premiums. Rich will continue to have Cadillac insurance they already easily afford and access to doctors not found in the yellow pages. 83 Percent of Doctors Have Considered Quitting Over Obamacare >>>>>>>>>> <<<<<<<<<<http://visiontoamerica.com/10812/83-percent-of-doctors-have-considered-quitting-over-obamacare/y<<<<<<<<<< ObamaCare has many bad consequences. Ways Obamacare Will Ruin Your Life ••• ••• ••• ••• ••• ••• ••• ••• ••• <<<<<<<<<<http://patriotupdate.com/25525/13-ways-obamacare-will-ruin-your-life<<<<<<<<<< <<<<< <<<<< http://patriotupdate.com/25525/13-ways-obamacare-will-ruin-your-lifeObamaCare Effect On Taxes •••. ••• http://www.smartmoney.com/taxes/income/what-obamacare-may-mean-for-taxes-1335896160486/ ••• ••• Impact on Middle Class http://www.myheritage.org/tag/taxes/ ••• •••• http://m.townhall.com/tipsheet/katiepavlich/2012/06/29/the_coming_obamatax_bomb •••. ••• http://www.smartmoney.com/taxes/income/what-obamacare-may-mean-for-taxes-1335896160486/ And also Businesses Plan to cut jobs ••• ••• ••• ••• ••• ••• ••• ••• ••• http://freedomoutpost.com/2012/07/businesses-plan-to-cut-jobs-due-to-obamacare/ If you voted for Obama this time you want this. Welcome to Obama Land. Home of the give a way nation.
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Will low income families have to pay for Obamacare?

Postby blade » Mon Nov 19, 2012 11:35 pm

If a family makes less than $9,500 a year, they have other problems besides healthcare
A family can't even afford a car on that salary.
Barely even socks.
Right now they would qualify for some sort of funded medicaid.
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