IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family

IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family

(Washington) -- In a final regulation issued Wednesday, the Internal Revenue Service said that under Obamacare the cheapest health insurance plan available in 2016 for a family of five will cost $20,000 for the year.  In the new final rules published Wednesday, IRS set in law the rules for implementing the penalty Americans must pay if they fail to obey Obamacare's mandate to buy insurance.

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Morning links.

• Bank of America Still Violating Loan Mod Agreements Even After Court Settlement
• REPORT: Iran Avoids Sanctions With SECRET Trades In Gold
• Putin Bought 570 Metric Tons of Gold... When Prices Were Much Lower
• Immigration Reform Could Add MILLIONS Of New People Under Obamacare
• Obamacare ALREADY Forcing Doctors To Close Practices
• California Lacks Doctors To Meet Demand Of Obamacare - LA Times
• SEC $450 Million Whistleblower Reward Fund Has 3,000 Tips But Only $50K Payout
• Home Prices Climb At Fastest Rate In 6 Years
• The Queen's Finances To Be Investigated
• Has Apple Fallen Out Of Favor In The World Of Product Placements?
• Police Seeking Dorner Open Fire On Innocent Bystander - For 2nd Time!
• Green Movement Founder Opposes Wind Turbines In His Backyard
• Teen Who Flipped Off Judge Makes Emotional Apology in Court - VIDEO
• More Polar Bears Alive Today Than 40 Years Ago
• STUDY: Your Dog Is MUCH Smarter Than You Ever Thought (must read)

This is pretty funny:

MUST SEE: Obamacare Explained In One Sentence

Comments

[DailyBail]

Cameron Defends UK Vote on EU Membership

http://www.bloomberg.com/video/cameron-defends-uk-vote-on-eu-membership-7zvD8cIDRFCsV4e7DbKRfQ.html

[DailyBail]

Dimon Calls U.S. Policy a `Wet Blanket' on Economy

http://www.bloomberg.com/video/dimon-calls-u-s-policy-a-wet-blanket-on-economy-dDnXwV99TYeD4MmBd5vqYg.html

[DailyBail]

Krugman: GOP "Doomed If They Are Only The Party Of Old White People"

http://www.realclearpolitics.com/video/2013/02/03/krugman_gop_doomed_if_they_are_only_the_party_of_old_white_people.html

[DailyBail]

Sen. Reid: "I Want To Get Something Done On Guns"

http://www.realclearpolitics.com/video/2013/02/04/sen_reid_i_want_to_get_something_done_on_guns.html

[DailyBail]

The Truth About Obamacare

http://dailybail.com/home/the-truth-about-obamacare.html

[DailyBail]

Obamacare Complicated? Check Out The Flow Chart

http://dailybail.com/home/obamacare-complicated-check-out-the-flow-chart.html

[Sagebrush]

Krugman: GOP "Doomed If They Are Only The Party Of Old White People"

How quickly this asshole and those like him throw Rule Of Law out the window in a useless effort to support their unsustainable agendas!!!

[Macus Sickby]

Boil Goldman, Bank of America,
Citi And JP Morgan Down To One
Bank, Imagine, And That Bank
And The Federal Reserve Become
One And The Same Bank
By Current Policy


Boil Aetna, Anthem, CIGNA
(Wendell Potter’s Co.,) And United
Healthcare Down To One Co., And
ObamaCare Becomes That One Co.’s
Insurance Policy. And It’s An
Intensely Obfuscating One.

http://www.nomiprins.com/thoughts/2012/11/10/real-danger-of-obamacare-insurance-company-takeover-of-healt.html

http://www.dailykos.com/story/2009/10/14/793112/-Schumer-Leahy-Take-on-Insurance-Antitrust-Exemption-Video-Added

http://www.guardian.co.uk/commentisfree/2012/dec/05/obamacare-fowler-lobbyist-industry1?INTCMP=SRCH

Despite Wendell Potter's comment that ObamaCare is like a throw-back to the old Blue Cross,
actually Blue Cross used to be a simple insurance pool system whereas ObamaCare is
a very simple fiefdom with nothing going for it for doctors or patients.

[SKINFLINT]

2. Point taken on the FDIC post. It is probably still PER INDIVIDUAL PER INSTITUTION, not per individual across institutions - at least that section is still on the FDIC website (thanks for sending those citations in), however, my other point still overshadows that point: the FDIC only has a few billion in assets against ten trillion in customer deposits, with the big-5 banks having over a trillion in customer money each. The big point is, the FDIC is not in any realistic sense any sort of protection. Correction from Barnhardt on the FDIC insurance statement.

[TR]

Eliminate Obamacare. Free enterprise & competition will bring total health care cost for a family of 10 to $100.00/yr.
Both sides of the health care coin has a turd.