cradleandshoot wrote:I feel very stupid on this one 6. I read the link twice and still have no real clear idea what the IRS regulations are saying. Is there any one out there that speaks IRS(outside of Brooklyn) who can interpret this nonsense?
Point is, health insurance now has a floor of $2,400 or less for a family for a year. Don't want insurance? Pay $2,400 a year (much less than the actual cost of insurance) for the privilege of waiting until you get sick. The alternative is our current system, where you don't pay for insurance if you don't want it, then go broke and welch on the hospital and drive everyone else's rates up when you break a bone. One of these makes more sense. At least for those of us who aren't private insurers.
The blog post doesn't give the rule that gives the example context. You'd be similarly confused if I just walked up to you on the street and quoted the price of a Hotel on Boardwalk.