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Message Subject "BREAKING NEWS" Federal law says you "CAN" opt out of Obamacare and "CAN NOT" be penalized!
Poster Handle BoilMyChillz
Post Content
A couple pieces of info I found interesting.

1. I don't remember where, I think it was from a post on GLP but I could be wrong. All exemptions or assistance Will have to be paid back in 2015 or 2016. So all the Vunerables with assistance in paying the ACA will be screwed in a couple years.

2. Funny Loop Holes, this is less than 20% of the artice, and here is the link.

[link to www.forbes.com]

Exemption Loopholes?

When laws are passed, clever avoidance strategies often follow. Let’s consider hardship exemption number three. A person could delay payment to their utility company, receive a shut-off notice, pay their bill before their service is disconnected, and use the shut-off notice to apply for a hardship exemption. I checked to see if this would negatively impact ones credit score. The answer depends on whether your utility company reports shut-off notices to the credit bureau. Then, I called a major utility company and was told they only report disconnect information to the credit bureau, but not shut-off notices. Therefore, as long as the customer pays their bill before the utility company disconnects their service, they could conceivably use the shut-off notice as a hardship exemption without impacting their credit score or having their service interrupted. However, if enough people did this, I could envision Congress passing a law requiring utility companies to report all shut-off notices to the credit bureau. More regulation often begets more regulation.

Let’s consider exemption number eight. You go to the doctor or hospital, incur a medical expense not covered by insurance, and fail to pay it. Of course, this would affect your credit score. But how would the federal government determine if you’re reason for nonpayment was due to financial inability? Will they audit your cash flow for the previous two years? In short, there would have to be a massive expansion in federal government employment to properly monitor the tremendous number of rules and regulations contained in Obamacare. Remember, the population of America is over 316 million!


Anyways, we are just discovering the mammoth amount of things in this bill, though I do believe that there have to be some laws that coincide with the negation of participation in the ACA. Keep it up, knowledge is power, that's why they SPAM bullshit on the news and in books as much as possible.
rockypaul
 
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