http://crooksandliars.com/karoli/obamacare-working-even-republicans
lol!
lol!
[/b]PBulldog2 wrote:The exchange most certainly does verify income sources (or lack of.) It has ever since the start. To say it doesn't is dishonest (not you, Stormy, the proponents of this bill.)
In my opinion, this bill is just another way for the Tea Party folks to block the subsidies that are being provided to people who need them.
Are any of you aware that the exchange is based on projected income, not income for 2013? If the income is incorrect at the end of 2014, or if a person obtains another source of income during 2013 and doesn't report it to the exchange (as all participants are required to do), that person will be liable for additional taxes and penalties.
[b][b]Now tell me, anyone: How is income for 2014 going to be accurately verified until the end of 2014?[/b]
Chrissy wrote:the employer mandate was supposed to help verify income.
nor will states have to verify reported income, which determines a person’s eligibility for a premium subsidy. Income verification has been postponed until 2015. However, consumers who misrepresent their income on the application for exchange coverage are subject to a penalty of up to $25,000. What, if any impact this has on employer reporting requirements is uncertain.
anyone saying we have absolute income verification is a liar.
http://petersmilam.wordpress.com/2013/07/09/large-employer-mandate-and-income-verification-postponed/
anywho..... obamacare is NOT working. we have people calling us thinking they have insurance and guess what? they dont, they just went on the exchange.
You people are trying to say its working when MILLIONS of people have LOST thier coverage just because a few poeple got on? oh brother.
and this is just talking about trying to get a insurance card lmao.... the other side of it with cuts, dropping providers, dropping coverage for certain services whew weeeeeeeeeeeeeeeeeeeeeeeee I would really hate to know what your idea of failure is LOL
Chrissy wrote:the employer mandate was supposed to help verify income.
nor will states have to verify reported income, which determines a person’s eligibility for a premium subsidy. Income verification has been postponed until 2015. However, consumers who misrepresent their income on the application for exchange coverage are subject to a penalty of up to $25,000. What, if any impact this has on employer reporting requirements is uncertain.
anyone saying we have absolute income verification is a liar.
http://petersmilam.wordpress.com/2013/07/09/large-employer-mandate-and-income-verification-postponed/
anywho..... obamacare is NOT working. we have people calling us thinking they have insurance and guess what? they dont, they just went on the exchange.
You people are trying to say its working when MILLIONS of people have LOST thier coverage just because a few poeple got on? oh brother.
and this is just talking about trying to get a insurance card lmao.... the other side of it with cuts, dropping providers, dropping coverage for certain services whew weeeeeeeeeeeeeeeeeeeeeeeee I would really hate to know what your idea of failure is LOL
PBulldog2 wrote:Chrissy wrote:the employer mandate was supposed to help verify income.
nor will states have to verify reported income, which determines a person’s eligibility for a premium subsidy. Income verification has been postponed until 2015. However, consumers who misrepresent their income on the application for exchange coverage are subject to a penalty of up to $25,000. What, if any impact this has on employer reporting requirements is uncertain.
anyone saying we have absolute income verification is a liar.
http://petersmilam.wordpress.com/2013/07/09/large-employer-mandate-and-income-verification-postponed/
anywho..... obamacare is NOT working. we have people calling us thinking they have insurance and guess what? they dont, they just went on the exchange.
You people are trying to say its working when MILLIONS of people have LOST thier coverage just because a few poeple got on? oh brother.
and this is just talking about trying to get a insurance card lmao.... the other side of it with cuts, dropping providers, dropping coverage for certain services whew weeeeeeeeeeeeeeeeeeeeeeeee I would really hate to know what your idea of failure is LOL
Chrissy, we won't have "absolute income verification" until the end of 2014. Don't forget there are a lot of self-employed and small businesses out there that may not be in a position to accurately project their income for 2014. I think they are the people we are talking about, not income verification that will have to be done by employers.
And Seaoat is right. There will be penalties for those who lie about their income.
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