View Single Post
Old 03-23-2010, 12:56 PM   #222
kg_veteran
Old School Balla
 
kg_veteran's Avatar
 
Join Date: Oct 2001
Posts: 13,097
kg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond reputekg_veteran has a reputation beyond repute
Default

Quote:
Originally Posted by Underdog View Post
So, if I don't buy insurance then the government charges me a $695 fee...

What happens if I don't pay the fee, do I go to jail?
My understanding is that they'll charge you the fine if you can't prove health insurance coverage when you file your tax return. Of course, there's a big difference between the IRS fining you and collecting it. I'm sure a whole "we can get your health insurance penalties reduced by 50%" cottage industry will spring up.
__________________
The Official KG Twitter Feed
kg_veteran is offline   Reply With Quote