From Avik Roy: White House Publishes Final Regulations for Obamacare’s Individual Mandates – Seven Things You Need To Know

September 1, 2013

Politics/National Debt

Excellent breakdown of every individual American’s responsibilities under the “Affordable” Health Care Act:

  1.  You pay a fine if your spouse and kids are uninsured
  2. Pretty much any employer sponsored plan meets the mandate’s requirements
  3. The mandate fine is small, and will have even less impact over time
  4. The IRS can’t go after you if you don’t pay the fine
  5. Many older individuals will be exempt from the mandate
  6. If you don’t file a tax return, you are exempt
  7. “Members of recognized religious sects” and American Indians are exempt

Complete explanations can be read by clicking on the link here.

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About laura997

Ordinary citizen concerned with the direction our country is headed.

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