From KDVR Fox News
Excerpt:
“LOS ANGELES — Janice Riddle got a nasty surprise when she filled out her tax return this year.
The Los Angeles resident had applied for Obamacare in late 2013, when she was unemployed. She qualified for a hefty subsidy of $470 a month, leaving her with a monthly premium of $1 for the cheapest plan available.
Riddle landed a job in early 2014 at a life insurance agency, but since her new employer didn’t offer health benefits, she kept her Obamacare plan. However, she didn’t update her income with the California exchange, which she acknowledges was her mistake.
Now, she has to pay back the entire subsidy, which is forcing her to dip into her savings.
“I was blindsided that the subsidy has to be paid back,” said Riddle, adding she didn’t even use the coverage, which she had until she qualified for Medicare in October. “I’m in shock…but I have no choice. Do I want to argue with the IRS or the Obama administration?”
Blindsided you say? Americans pay attention, get your head outside your butt‼️ This is a perfect example of how millions of Americans get themselves screwed up one way or another (and it’s not limited to health insurance). They don’t read, they don’t think, they don’t pay attention😜.
Healthcare.gov makes this all perfectly clear if you read the information. This is no different than the people surprised when they realize they have a $2,000 deductible.
There are no secrets here, it’s all laid out on healthcare.gov and in tons of news articles and more. Use that smartphone for something productive😬
“Unaware” and “didn’t realize” seem to be diseases these days.
Washington state said it extended its deadline until April 17 for residents who hadn’t realized they would face tax penalties under the Affordable Care Act for going without insurance in 2014 and 2015.
. WSJ 2-17-15
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