Re:Enter your address and find out everyone who represents y...
by kingosticks on Friday December 30, 2016 @06:58AM
(#13283938)
Forgive my ignorance but why is there a penalty and who is it due to?
Re:Enter your address and find out everyone who represents y...
by afarrell on Friday December 30, 2016 @07:54AM
(#13284119)
There is a penalty for not having a minimum standard of health coverage and it is due to the IRS.
Re:Enter your address and find out everyone who represents y...
by kingosticks on Friday December 30, 2016 @11:18AM
(#13285083)
Ah OK thanks. Seems there's a bunch of exceptions for this including https://www.healthcare.gov/exemptions-tool/#/results/2016/de...
Re:Enter your address and find out everyone who represents y...
by AnAfrican on Friday December 30, 2016 @08:36AM
(#13284262)
there is a penalty because the system is supposed to reduce costs by enrolling everybody (even the healthiest who may feel like they don't need it) WHILE the health insurance sector still is a for-profit competitive market (so there's no "auto-enrolment").
I moved abroad in the middle of this year and cancelled my US health insurance when I became eligible for NHS care. I'm realising now that there isn't a way to get a 1095-B from a government-run healthcare system that isn't in the US. Should I just pay the penalty for not having health insurance in the UK?