| petramiody's Forum Info |
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It's most likely a misconception that medical expenses are the leading reason for insolvency (some research study pegs it at only around 4%), however everybody concurs that if you're extended too thin financially, and then you have a massive medical cost on top of that, it isn't good. 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 penalized on your 2021 tax return for that.)So, sure, you could argue: "Hey, no cost. I do not need to get health insurance coverage." You could argue that, however please do not. The Affordable Care Act has been bogged down in debate for several years, partly due to the required fee, however whatever one's feelings about the ACA, we can probably all concur that it's an excellent concept to have health insurance. https://www.taringa.net/brendasywl/the-basic-principles-of-how-much-do-dentures-cost-without-insurance_33ejx0 |
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