In California taxpayers pay 75% of premium for Obamacare recipients. Families making up to $96K qualify for the handouts.
The government is not prepared for the complicated 2016 Obamacare reporting required to determine who is eligible for premium handouts. As a result the IRS is going to assess penalties against employers even if an employer does not receive the legally required warning notice.
Governmental Budgeting Prowess: When held to private standards (without the ability or print money to borrow infinitely) this Obamacare fund will only be able to pay 13% of the money it owes under the statue.
The Federal Government decided that the old system of 13,000 medical codes wasn’t enough and has commanded that all medical providers move to a new system with 68,000 so that we can have codes for repeatedly walking in lampposts and getting sucked into a jet engine.
This entry was posted on Friday, October 16th, 2015 at 1:23 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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