Pelosi Version Has Serious Penalties

The Pelosi version of ObamaCare contains serious penalties for those who do not carry health insurance. This article briefly details them for you.

There is a provision in the bill for those who do not carry health insurance. It states that you will be fined 2.5% of you annual income for not having any insurance. If you willfully fail to pay for insurance you will be sentenced to one year in jail.

• Section 7203 - misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.

If they find you guilty of willful evasion, the penalty besides the 2.5% fine the prison time is five years in jail.

• Section 7201 - felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years.”

President Obama is on the record for going along with these penalties. Question: Why should ANYONE go to jail for not buying health insurance?

It's not clear in the bill just how much it will cost to buy the insurance. The latest estimates from the Congressional Budget Office indicate that “according to a recent analysis by the Congressional Budget Office, the lowest-cost family non-group plan under HR 3862 (the Pelosi bill) would cost $15,000 by 2016.”

This bill only provides subsidies that pay for this sum after families making $45,000 have paid 8% of their income for insurance and after those earning a household income of $65,000 have paid 12%.

Anyway you look at it, it remains quite confusing. One thing is clear, there are jail penalties and they won't be going away anytime soon.