Not logged in? Join one of the largest Insurance Forums on the Internet! Join Now!   Latest blog post: Renters Insurance for College Students

Advertisments:


Sponsor Links

Affordable Pet Insurance
Travel Insurance Comparison


If I choose not to buy health insurance, how much will I be fined?

Health Insurance topics including Obamacare & Health Insurance quotes

If I choose not to buy health insurance, how much will I be fined?

Postby chumin75 » Wed Mar 28, 2012 4:38 pm

I am 24yrs old, single, make $55,000/year.

what about my 20yr old brother, single, in college with no job?
chumin75
 
Posts: 473
Joined: Thu Mar 31, 2011 9:30 am

If I choose not to buy health insurance, how much will I be fined?

Postby inaki7 » Wed Mar 28, 2012 4:46 pm

If one cannot afford health insurance, one will not be fined.
inaki7
 
Posts: 420
Joined: Fri Apr 01, 2011 10:18 pm

If I choose not to buy health insurance, how much will I be fined?

Postby channiel » Wed Mar 28, 2012 4:58 pm

The model for what is being proposed is in Massachusetts.
The fine for not buying health care coverage started out being low, and then was graduated in the next couple of years to what it would cost the individual to buy it anyway. The good part of the arrangement is that there are more forms of affordable insurance available to people who cannot buy as part of a group, as one would do through their employer. The bad part is that there is now a shortage of primary care physicians.
channiel
 
Posts: 451
Joined: Thu Mar 31, 2011 8:25 pm


Return to Health & Medical Insurance

 


  • Related topics
    Replies
    Views
    Last post
cron