Saturday, September 28, 2013
ObamaCare sign up time running out
People without health insurance must shop for a plan no later than September 30. On October 1, this government site shuts down (unlike the government itself).
If you need help -- and you will -- go here. But you are running out of time.
You must have a plan by January 1, or else pay a tax to the government: 1% of your 2013 income, or $95, whichever is more. This tax will rise every year.
There is a calculator to show what coverage will cost you. It shows if you are eligible for tax credits.
People with low incomes will not qualify for tax credits. But they will have to pay the extra premiums. This is called "helping the poor."
Congressional staffers finally read the bill the Congress passed. They panicked. They began making plans to quit. Their Congressional bosses decided to to use our money to pay the added premiums for their employees. This is called "helping the upper middle class."
The substance of this bit is from Gary North.