Obamacare: $300 a year fine? Or, $200 to $300 a mo for insurance (Health)
Obamacare: $300 a year fine? Or, $200 to $300 a mo for insurance
The Future of Health Care
No thanks, Obamacare. I'll pay the penalty
By Tami Luhby
Can't afford the premiums. Don't need health insurance. Won't support Obamacare
These are some of the reasons why CNNMoney readers say they'll opt to pay a penalty for not having health insurance in 2014, rather than sign up for a policy in the state-based exchanges or through their companies.
"I would love to have insurance, but we just don't have the money," said Sandra Czop, 58, of Bloomingdale, Ill. "We need that $100 to put food on the table. We have no money to put gas in the car."
Czop, a mortgage loan officer whose business is down 60% and whose husband is unemployed, summed up the sentiments of many readers. Though subsidies are available to those earning less than 400% of the poverty level, the premiums are still too high for many Americans.
FINISH READING this at: CNN
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