Mandatory Health Insurance and the IRS
A possibility resulting from the recently passed HealthCare Reform Bill and mandatory health coverage for all citizens…
- Have a seat, Mr. Brown and we’ll get to your taxes right away and thanks for being early.
-That’s one of the advantages of being on time.
- Uh, yes. Of course. Now let’s see what you bought me. I see you got your W-2 form, your 1099 forms, your Social Security Card, uh-huh, and here are your forms from last year. Now what I don’t see is your HC-R13 form. Did you forget to bring it?
- HC-R13? What’s that?
-That’s a new form your health insurance company sent you this year stating how much you paid for your coverage. You know, that ObamaCare thing?
- I bought you everything I have....
-No problem, Mr. Jones, since you did not have private health insurance last year and you made less then $32,000, I’ll just enter “O” on that line.
- “O”? And what does “O” mean?
- “O” means Zero. With your salary less than $32,000, Uncle Sam will take 2% of your return in case you or a member of your family has to go to a hospital emergency room.
- We did go to the emergency room a couple of times last year.
- And you didn’t have to pay for nothing, right?
- Right!
- Now you do. You have to pay, get this, 2% of your refund which is much cheaper than paying $300.00 a month to an insurance company for your family coverage. Right?
- Right!
- But tell me, Mr. Jones, do you think you will buy any health insurance now?
-Hell No! I can’t afford it!!
-And with paying 2%, of your refund to the IRS, you can go to emergency rooms, Community Health Clinics and private doctors.
- Private doctors? PRIVATE DOCTORS?? You mean, I mean, hey, that’s great! Now you just put down that silly little “O” and let me get out of here! I gotta run’n tell this! Golly Miss Molly! Oh, what a beautiful morning…..
This has been a simulation of a perception.
As always,
BB
- Have a seat, Mr. Brown and we’ll get to your taxes right away and thanks for being early.
-That’s one of the advantages of being on time.
- Uh, yes. Of course. Now let’s see what you bought me. I see you got your W-2 form, your 1099 forms, your Social Security Card, uh-huh, and here are your forms from last year. Now what I don’t see is your HC-R13 form. Did you forget to bring it?
- HC-R13? What’s that?
-That’s a new form your health insurance company sent you this year stating how much you paid for your coverage. You know, that ObamaCare thing?
- I bought you everything I have....
-No problem, Mr. Jones, since you did not have private health insurance last year and you made less then $32,000, I’ll just enter “O” on that line.
- “O”? And what does “O” mean?
- “O” means Zero. With your salary less than $32,000, Uncle Sam will take 2% of your return in case you or a member of your family has to go to a hospital emergency room.
- We did go to the emergency room a couple of times last year.
- And you didn’t have to pay for nothing, right?
- Right!
- Now you do. You have to pay, get this, 2% of your refund which is much cheaper than paying $300.00 a month to an insurance company for your family coverage. Right?
- Right!
- But tell me, Mr. Jones, do you think you will buy any health insurance now?
-Hell No! I can’t afford it!!
-And with paying 2%, of your refund to the IRS, you can go to emergency rooms, Community Health Clinics and private doctors.
- Private doctors? PRIVATE DOCTORS?? You mean, I mean, hey, that’s great! Now you just put down that silly little “O” and let me get out of here! I gotta run’n tell this! Golly Miss Molly! Oh, what a beautiful morning…..
This has been a simulation of a perception.
As always,
BB