The Market Ticker - Go Ahead -- You Own It - I had an "interesting" debate on Twitter last night with someone who is involved in the health insurance game in some way and apparently has cancer patie...
1 hour ago
What happens if you "willfully" do not buy insurance?they wonder how can this be?===
Prosecution is authorized under the Code for a variety of offenses. Depending on the level of the noncompliance, the following penalties could apply to an individual:
• Section 7203 – misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.
• Section 7201 – felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years.” [page 3] ~ democrats pass health care bill in the middle of the night
Posted by wst... at 15:49