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  • Obamacare penalizes the ‘wrong’ insurance 18 times more than no insurance.

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Obamacare penalizes the ‘wrong’ insurance 18 times more than no insurance.

Would President Obama prefer that you have health insurance of which he doesn’t approve, or no health insurance at all?  Well, based on the penalties in play under his signature legislation, it would appear that he prefers for you to have no insurance at all than to have the “wrong” insurance (as defined, of course, by his administration).

 

From the law: "The amount of the tax imposed by subsection (a) on any failure shall be $100 for each day in the noncompliance period with respect to each individual to whom such failure relates"

http://codes.lp.findlaw.com/uscode/26/D/43/4980D#sthash.n1QUosDZ.dpuf

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