How much money does Massachusetts penalize you for not having health insurance?
That is a provision of the new health care bill. An adult without health insurance by 2014 would be penalized $95 or 1 percent of income, whichever is greater, so long as the amount does not exceed the price tag of a basic health plan. (more?)
Answered by Amanda S. -
About Health Care Bill
The most sweeping health care insurance legislation in decades, a goal for many in the Congress since they began their political lives (and a lifelong goal of Senator Ted Kennedy who died in 2009), was achieved in early 2010. The Affordable Health Care for America Act passed the House 219-212 late on Sunday evening, March 21, 2010 and went to President Obama for his signature.
About Health Insurance
Health insurance is a type of insurance that is accepted a medical establishments and can help defer the balance of a regular visit or an emergency situation. As with any insurance, a monthly fee is required.
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