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It's probably a myth that medical bills are the leading reason for personal bankruptcy (some research pegs it at only around 4%), but everybody concurs that if you're stretched too thin financially, and after that you have a whopping medical cost on top of that, it isn't great. By the way, when the Affordable Care Act was initially passed, you needed to pay a penalty tax for going without health protection unless you fulfilled certain exemption requirements, consisting of financial challenge.
(If you were uninsured in 2018, you will be punished on your 2021 tax type for that.)So, sure, you might argue: "Hey, no fee. I don't need to get medical insurance." You could argue that, however please don't. The Affordable Care Act has actually been stuck in debate for years, partially due to the needed cost, but whatever one's sensations about the ACA, we can probably all concur that it's a good concept to have medical insurance. http://remingtonjcfo177.iamarrows.com/the-facts-about-how-to-shop-for-car-insurance-revealed |
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