| ormodarbhs's Forum Info |
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It's probably a misconception that medical costs are the leading reason for insolvency (some research study pegs it at only around 4%), however everybody agrees that if you're stretched too thin financially, and after that you have a massive medical expense on top of that, it isn't good. Incidentally, when the Affordable Care Act was initially passed, you needed to pay a charge tax for going without health coverage unless you fulfilled specific exemption requirements, consisting of financial hardship.
(If you were uninsured in 2018, you will be punished on your 2021 tax return for that.)So, sure, you might argue: "Hey, no fee. I do not require to get health insurance coverage." You could argue that, but please do not. The Affordable Care Act has actually been bogged down in debate for years, partially due to the needed charge, however whatever one's sensations about the ACA, we can probably all concur that it's a good idea to have health insurance coverage. http://stephenxbid356.almoheet-travel.com/5-easy-facts-about-how-do-life-insurance-companies-make-money-explained |
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