Is Montana ready for Obamacare?
June 28, 2012 — The Supreme Court rules that the individual mandate portion of the health care law may be upheld within Congress’ power under the taxing clause.
Now that the Supreme Court has made it’s ruling – everyone is trying to sort out the Obamacare bill and what it means for you as a Montanan!
- Individual Mandate – You are going to have to find health insurance or pay the government a tax penalty for not doing so! Starting in 2016, when the “shared responsibility payment” is fully in place, the amount you would owe for not having health insurance is the greater of 2.5 percent of your income or $695. There is currently no means to prosecute you yet if you don’t – however I’m sure they will come up with something.
- Coverage For All – Insurance companies will have to take you on no matter what is going on with your health. This may sound like a really great thing – however I have no idea what premiums would look like so we will have to wait and see if private insurance companies can stay in the game or exactly what move they will make.
- Medicaid Expansion – This helps cover all non-elderly people whose income is 133% below the national poverty line for income. States are mandated to cover these people or the government has threatened to take away existing funding for medicaid in the states that refuse.
The house leader has called for a repeal of the law scheduled to be voted on July 11th. More of the law will be shared as more and more people have read it and can digest it and put it into terms we can understand. Health Insurance in Montana will share this information with you.
Some thoughts from an anonymous writer:
Let me get this straight…we are going to be “gifted” with a healthcare plan we are forced to purchase and fined if we don’t, which purportedly covers at least 10 million more people, without adding a single new doctor, but provides for 16,000 new IRS agents, written by a committee whose chairman says he doesn’t understand it, passed by a congress who didn’t read it but exempted themselves from it, signed by a president who smokes, with funding administered by a treasury chief who didn’t pay his taxes, for which we will be taxed before benefits take place, by a government who has already bankrupted social security and medicare, to be overseen by a surgeon general who is obese, and financed by a country that is broke – anonymous
Again, Health Insurance In Montana will update you with more concrete information about what is happening as time progresses.