| − | Monthly payments for Obamacare are massive, roughly 12-15% of an individual's annual salary. If an individual fails to purchase coverage and does not meet the exceptions or the religious exemption, then a financial penalty will be assessed for non-indigent individuals. Under an early proposal for mandatory care, the penalty was calculated by multiplying the number of uncovered months times the weighted average of the monthly premium for a plan in the person’s coverage class and coverage area, plus 15 percent. One individual who makes $45,000-$55,000 a year signed up and selected the "Silver Plan" and was told he would have to pay $597.00 with a $13,988 yearly deductible; when he opted out and elected to remain uninsured, he was told he would be fined $4,037, with the threat of suspension of his drivers license and a Federal lien placed on his home<ref>http://www.infowars.com/obamacare-fines-to-be-seized-from-bank-accounts/</ref>. This individual was forced, like every other individual who signed up for it, to input his personal information on the registration website before he actually was allowed to see the costs involved. | + | Monthly payments for Obamacare are massive, roughly 12-15% of an individual's annual salary. If an individual fails to purchase coverage and does not meet the exceptions or the religious exemption, then a financial penalty will be assessed for non-indigent individuals. |
| | Fines were to be paid to the HHA of the State in which the person resides. That agency also may establish a procedure to waive the penalty if the penalty poses a hardship. Each State would determine appropriate mechanisms to enforce the requirement that individuals be enrolled.<ref> http://wyden.senate.gov/issues/Healthy%20Americans%20Act/HAA_Section_by_Section.pdf (Link doesn't work.)</ref> | | Fines were to be paid to the HHA of the State in which the person resides. That agency also may establish a procedure to waive the penalty if the penalty poses a hardship. Each State would determine appropriate mechanisms to enforce the requirement that individuals be enrolled.<ref> http://wyden.senate.gov/issues/Healthy%20Americans%20Act/HAA_Section_by_Section.pdf (Link doesn't work.)</ref> |