Ok. First. Think about how much you pay for health insurance currently. Now, think about how much you are going to have to pay under the new ObamaCare laws. Well according to a new IRS regulation released, they assume the average family will pay a minimum of $20,000 for their health care plans.
Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.
The IRS’s assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.
The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.
“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.Continue reading on townhall.com