As we've mentioned before, more than a few folks who were initially eligible for ObamaPlan premium subsidies subsequently become ineligible, with predictable consequences:
"Consider the case of Erica Cherington that bought an Obamacrack plan for 2014 and only paid $89 monthly because her low income entitled her to a $284 per month taxpayer funded subsidy.Then she got a new job that paid more. As a result she had to pay back $600 of her subsidy"
But that was then, and this is now:
"Only 52 percent had to repay a portion of government subsidy during last year�s tax season, compared to 60 percent this year ... three out of five customers who received advanced tax credits to help them buy private plans on Obamacare�s web-based exchanges must pay a portion back to the IRS"
That's because they mis-estimated [ed: is that even a word, Henry?] their 2015 income ... Of course they did: whose Ouija board has a $ sign? Sheesh!
And what, you may be wondering, was the average ding for this little "problem?" Well, how about $579? Of course, as we've pointed out numerous times, this represents one - maybe two at the outside - month's premium. Why not roll the dice; after all, the next Open Enrollment is only a few months away...
[Hat Tip: Rich Weinstein]
"Consider the case of Erica Cherington that bought an Obamacrack plan for 2014 and only paid $89 monthly because her low income entitled her to a $284 per month taxpayer funded subsidy.Then she got a new job that paid more. As a result she had to pay back $600 of her subsidy"
But that was then, and this is now:
"Only 52 percent had to repay a portion of government subsidy during last year�s tax season, compared to 60 percent this year ... three out of five customers who received advanced tax credits to help them buy private plans on Obamacare�s web-based exchanges must pay a portion back to the IRS"
That's because they mis-estimated [ed: is that even a word, Henry?] their 2015 income ... Of course they did: whose Ouija board has a $ sign? Sheesh!
And what, you may be wondering, was the average ding for this little "problem?" Well, how about $579? Of course, as we've pointed out numerous times, this represents one - maybe two at the outside - month's premium. Why not roll the dice; after all, the next Open Enrollment is only a few months away...
[Hat Tip: Rich Weinstein]
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