| carmaizrrs's Forum Info |
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It's most likely a myth that medical costs are the leading reason for insolvency (some research pegs it at just around 4%), but everybody agrees that if you're stretched too thin financially, and then you have a tremendous medical expenditure on top of that, it isn't great. 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 fulfilled specific exemption criteria, including financial difficulty.
(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 don't require to get medical insurance." You might argue that, but please don't. The Affordable Care Act has been mired in controversy for many years, partly due to the required fee, however whatever one's feelings about the ACA, we can most likely all concur that it's a great idea to have health insurance. https://trentondqnr115.mystrikingly.com/blog/getting-the-how-to-find-out-if-someone-has-life-insurance-to-work |
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