IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family
(Washington) -- In a final regulation issued Wednesday, the Internal Revenue Service said that under Obamacare the cheapest health insurance plan available in 2016 for a family of five will cost $20,000 for the year. In the new final rules published Wednesday, IRS set in law the rules for implementing the penalty Americans must pay if they fail to obey Obamacare's mandate to buy insurance.
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