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Originally Posted by Honu
So that wording will be removed?
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No. Just like taxes, you can choose not to follow the law. The Supreme Court said today that people are free to choose not to purchase, and not to pay the fine, either. But of course, like income taxes, they would still be subject to a penalty.
Although penalties are assessed, there is nothing currently in place to allow collection any of the penalties at this time. The IRS is forbidden from trying to collect them. That has to be initiated by removing some wording in the law by Congress.
It is anticipated that more people will want health insurance at a rate they can afford, even if they don't make much money, than choose to be without it. That's why the exchanges exist, so prices to purchase drop.
So the law is designed to "wait and see" how many non-compliant people turn up, before any punishment is initiated.
Practically speaking, from that "what would it mean for you" web page page:
http://www.washingtonpost.com/wp-srv...u/struck-down/
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Single make $35,000/year: If you do not obtain insurance coverage by 2014 you will be assessed a tax penalty. The penalty becomes progressively greater from 2014 through 2016, when it reaches full strength. At that point, assuming your current income remains the same and your household consists of 1 uninsured adult, you would be subject to a penalty of about $695. You are exempt from the penalty if the least expensive plan option in your area exceeds eight percent of your income.
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That last sentence is for people that earn too much to qualify for any federal assistance, but any insurance would be greater than 8% of income. For example, you make $75,000 a year, and can't find insurance for less than $500 a month. You don't have to pay any penalty.
Did you try entering yourself and your partner separately (unmarried) to see what each of you are eligible for?