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It's probably a myth that medical expenses are the leading reason for insolvency (some research study pegs it at just around 4%), but everyone agrees that if you're stretched too thin economically, and after that you have a massive 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 charge tax for going without health coverage unless you met certain exemption requirements, including financial difficulty.
(If you were uninsured in 2018, you will be punished on your 2021 tax type for that.)So, sure, you might argue: "Hey, no cost. I don't need to get health insurance coverage." You might argue that, however please don't. The Affordable Care Act has been stuck in controversy for years, partially due to the required cost, however whatever one's feelings about the ACA, we can probably all concur that it's an excellent concept to have health insurance. http://sethbnts299.bravesites.com/entries/general/some-known-details-about-how-much-is-private-mortgage-insurance |
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