Quote:
Originally Posted by Little-Acorn
People are much better off dropping their health insurance entirely, under Obamacare. Paying the penalty costs a lot less than paying Obamacare's premiums.
You can wait until you do get sick or injured, and then sign up for insurance. And under Obamacare's laws, the company is required to take you with your pre-existing condition (the sickness or injury you just got).
|
It may not work. The signup periods in the Exchange will just be for the first few months of the year - before the tax deadline. There are exceptions but if you apply for insurance through an exchange in June you won't get it until next year. You can still get a non-exchange policy in June but you pay the full premium without tax credits until the next tax year. Insurance companies will likely take advantage of this desperate market and offer non exchange plans with higher premiums.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
