| angelmstna's Forum Info |
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It's most likely a myth that medical costs are the leading reason for insolvency (some research study pegs it at just around 4%), however everybody concurs that if you're stretched too thin financially, and then you have a whopping medical expenditure on top of that, it isn't great. By the way, when the Affordable Care Act was originally passed, you needed to pay a penalty tax for going without health coverage unless you met specific exemption criteria, consisting of financial challenge.
(If you were uninsured in 2018, you will be punished on your 2021 tax kind for that.)So, sure, you could argue: "Hey, no fee. I don't need to get health insurance coverage." You might argue that, but please do not. The Affordable Care Act has actually been stuck in debate for several years, partly due to the required cost, however whatever one's feelings about the ACA, we can most likely all concur that it's a good concept to have medical insurance. http://trevorbfwz840.tearosediner.net/our-how-long-can-children-stay-on-parents-insurance-ideas |
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