Connecticut considers fine for those without health insurance


>>HERE’S A HEADLINE FOR YOU, CONNECTICUTMENTS TO TAX RESIDENTS WHO HAVE NO HEALTH INSURANCE. JERRY WILLIS HAS THE STORY BEFORE WE START, I THOUGHT THAT UNDER OBAMACARE, YOU HAD TO HAVE INSURANCE AND IF YOU DIDN’T HAVE IT THEY FINE YOU BUT THAT’S GOING AWAY.>>IT’S GOING AWAY THIS IS LAST YEAR OF THAT. SO A LOT OF STATES NOW ARE COMING IN AND SAYING HEY, YOU KNOW WE’VE TBT A FORCE PEOPLE TO GET COVERAGE AND NONE AS AS CONNECTICUT THAT WANTS TO PUT IN PLACE A SUPERMANDATE. THEY WILL CHARGE A FINE OF UP TO $6.9 — BECAUSE I CAN’T BELIEVE THIS NUMBER. THIS NUMBER IS CRAZY — 9.6%. FOR HIGH INCOME PEOPLE IF THEY DO NOT GET COVERAGE.>>SO FEW MAKE I DON’T KNOW WHAT THE NUMBER IS WHAT 2H IT SHALL 100,000. 100,000 A YEAR OR MORE, AND YOU LIVE IN CONNECTICUT, AND YOU DON’T HAVE A — HEALTH CARE PLAN OF ANY. THEN THEY FINE YOU OR CHARGE YOU $9,600. YOU HAVE TO PAY ALMOST 10,000 OUT OF YOUR POCKET AND PROPOSED BY A YALE UNIVERSITY ECONOMIST THEY WANT TO FORCE YOU TO GET COVERAGE. BECAUSE YOU KNOW IF YOU’RE A RATIONAL ACTOR OUT THERE I MEAN THINK ABOUT IT AND OPTION IS I PAY $96 AND GET NOTHING OR PAY I PAY AND GET COVERAGE I’LL GO WITH THE COVERAGE. OTHER OPTION FOR PEOPLE AT THE HIGH INCOME STREAM IS THEY CAN THE MONEY IN HEALTH SAVINGS ACCOUNT TO TAKE THAT SAME AMOUNT A OF MONEY TO DO THAT. BUT IT’S REALLY TWISTING PEOPLE’S ARM AS TO GET THEM TO DO WHAT THEY WANT. WE’VE HAD MARYLAND COME IN AN SAY WE ALSO WANT TO DO THING LIKE THIS AND FORCE PEOPLE MANY. THERE’S ABOUT 60,000 PEOPLE OUT THERE RIGHT NOW PAYING FINE. BUTLET BE CLEAR ABOUT WHAT OBAMA PINE IS BECAUSE IT IS VERY DIFFERENT. 2.5% OF INCOME OR 695 WHICHEVER

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