stephanie
12-24-2007, 09:10 PM
Nothing says Merry Christmas like being forced to sign up for this, and when you don't you get to look forward to being fined..Socialism sounds WONDERFUL..Guess who signed this into law..??
By Steve LeBlanc
Associated Press Writer / December 24, 2007
BOSTON—Come Jan. 1, Massachusetts residents who still haven't signed up for health insurance will start racking up fines on a monthly basis.
more stories like thisThose penalties may be up to half of the monthly premiums for the least expensive health care plan available, although the exact amount of the fines is expected to be announced as soon as this week.
That's on top of the loss of the $219 personal tax exemption for anyone not insured by the end of December.
The fines are part of an increasingly more aggressive approach written into the state's landmark health care law designed to pressure Massachusetts residents into getting insurance. The law, intended to create near-universal coverage in the state, was approved by lawmakers and signed by former Gov. Mitt Romney in 2006.
Even those residents who already have insurance will see some changes when they file their taxes this year.
Everyone, including those insured through their employers, will be required to fill out a new tax form proving they have insurance to avoid paying penalties.
That form -- dubbed 1099-HC -- will require taxpayers to provide the name of their insurer and their subscriber number.
read the rest..
http://www.boston.com/news/local/massachusetts/articles/2007/12/24/uninsured_mass_residents_face_monthly_fines_starti ng_in_january/
By Steve LeBlanc
Associated Press Writer / December 24, 2007
BOSTON—Come Jan. 1, Massachusetts residents who still haven't signed up for health insurance will start racking up fines on a monthly basis.
more stories like thisThose penalties may be up to half of the monthly premiums for the least expensive health care plan available, although the exact amount of the fines is expected to be announced as soon as this week.
That's on top of the loss of the $219 personal tax exemption for anyone not insured by the end of December.
The fines are part of an increasingly more aggressive approach written into the state's landmark health care law designed to pressure Massachusetts residents into getting insurance. The law, intended to create near-universal coverage in the state, was approved by lawmakers and signed by former Gov. Mitt Romney in 2006.
Even those residents who already have insurance will see some changes when they file their taxes this year.
Everyone, including those insured through their employers, will be required to fill out a new tax form proving they have insurance to avoid paying penalties.
That form -- dubbed 1099-HC -- will require taxpayers to provide the name of their insurer and their subscriber number.
read the rest..
http://www.boston.com/news/local/massachusetts/articles/2007/12/24/uninsured_mass_residents_face_monthly_fines_starti ng_in_january/