Monthly Archives: October 2013

Obamacare: Tennesseans lose insurance assistance plans, costs shifted to federal taxpayers

Posted on October 10, 2013 by OCTS3

Some of Tennessee’s most vulnerable have been notified they’ll be losing their plans.  Some plans have been outlawed, but in other cases the state of Tennessee is shifting the cost of participants onto the federal taxpayers, per Obamacare’s design. “Overview … Continue reading →

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The Coming Failure of the Obamacare Subsidies

Posted on October 9, 2013 by OCTS3

[…] “…the notion that the subsidies will never stop, or that they are figuratively heroin-like in nature, is false.” “…For the healthy, the subsidies are… a month-by-month financial pain inflicting mandate forcing millions of Americans to buy a product they … Continue reading →

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Insurance Rebates Can be Taxable

Posted on October 5, 2013 by OCTS1

B. Policies Purchased on the Individual Market Q2. In 2011, Aaron purchased and paid premiums for a health insurance policy for himself. Aaron does not deduct the premium payments on his 2011 Form 1040 and does not receive any reimbursement … Continue reading →

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IRS: Have A Baby? Did Your Kids Move Away, or Back Home? We Need To Know.

Posted on October 4, 2013 by OCTS1

You Must Register Any Family Changes – Intrusive Minds Want to Know “If you are receiving the advance Premium Tax Credit to help pay for your insurance coverage, you should report changes such as income or family size to your … Continue reading →

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Obamacare? No thanks, I’ll pay the penalty

Posted on October 3, 2013 by OCTS1

“For some folks, health insurance just isn’t a good deal. Take Jessica Birge, 29, who is studying nursing [...]” “”I don’t really want to pay a penalty, but it’s more economical for me to pay $300 a year [in fines] … Continue reading →

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Single Moms Pay Penalty…For Getting Married

Posted on October 1, 2013 by OCTS1

Comment: A single Obamacare mom with kids, getting a large subsidy, can easily lose that subsidy…by getting married.  Question 1: Will single moms still want to get married?  Question 2: With such a high cost, will single men still want … Continue reading →

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