What Happens If I Don’t Have Health Insurance?
There are reasons for people to believe that health insurance can be a very expensive ordeal. People also take their youth and good health for granted and hence, avoid ever investing in a health insurance plan since not having one can help save one a considerable sum of money. But the recent Affordable Care Act has mandated everyone to have health insurance and also make it more accessible to everyone, especially for ones who are finding it hard to afford a plan. Failing to get one can also force you to pay a penalty which would increase every year. The penalties imposed on you will be highlighted when you have to file your taxes and this fine, last year, was 2.5% of the income grossed by the household. This percentage…