Quote:
Originally Posted by GspotProductions
do Americans pay National Insurance aswel as ObamaCare?
In Britain on a wage of about 300 dollars a week, you would be taxed about 40 and pay 20 out on NI, so you'd take home about 240. People struggle in the UK  |
Basically, here is how it works.
Under Obamacare everyone is required to have health insurance. Most people get it through their jobs. Those who don't must buy it on what they call an "exchange." What type of policies and how much they cost can vary greatly depending on which state you live in. Depending on how much money you make, you will get financial help from the government to pay for this insurance. If you don't have insurance, you will be fined by the government, but the fine is actually pretty small so there are a good number of healthy people who have just opted to not get insurance and wait for the fine.