| tricusqddd's Forum Info |
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It's probably a myth that medical costs are the leading reason for bankruptcy (some research study pegs it at only around 4%), however everybody concurs that if you're stretched too thin financially, and then you have a tremendous medical cost on top of that, it isn't excellent. By the way, when the Affordable Care Act was initially passed, you needed to pay a penalty tax for going without health coverage unless you satisfied particular exemption requirements, consisting of financial difficulty.
(If you were uninsured in 2018, you will be punished on your 2021 tax return for that.)So, sure, you could argue: "Hey, no charge. I do not require to get health insurance coverage." You could argue that, however please do not. The Affordable Care Act has been stuck in controversy for many years, partly due to the required cost, however whatever one's sensations about the ACA, we can probably all agree that it's an excellent concept to have medical insurance. http://trevorywxk422.wpsuo.com/3-easy-facts-about-how-many-people-don-t-have-health-insurance-shown |
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