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What is the tax penalty for an Alabamian without health insurance?
Wiki User
∙ 10y ago
Same as any other US resident:
The greater of:
In 2014: $95 per adult or 1% of total family income
In 2015: $325 per adult or 2% of total family income
In 2016 and later: $695 or 2.5% of total family income
Wiki User
∙ 10y ago
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Do the unemployed have to purchase health insurance and will they be penalized if they don't?
There is no penalty until 2014. Health reform allows you to go for three months with no health insurance, and face no penalty/tax. So, if the lapse is three months or less, there is no penalty. An unemployed person would, naturally, have a lower income and therefore might qualify for government subsidies to buy health insurance. The person should go online to the insurance exchange or call the exchange's navigators to apply.
Will the unemployed be required to buy health insurance and be penalized if they don't?
Yes, they will be required to buy health insurance but they may be able to avoid at least part of the penalty. Under health reform, a person can go for three months without health insurance and pay no penalty. In addition, there are exceptions to the mandate for people who would have to spend more than eight percent of their income for the lowest cost plan. If you were unemployed for a long period of time, you might qualify for this exception. There is no guidance yet about how a partial penalty might be calculated, if you had coverage for less than nine months.
When does it go in effect that you have to carry medical insurance?
January 1, 2014 is the start date for health reform's requirement that people have health insurance. This applies to U.S. citizens. You can go three months without coverage, and not have to pay the penalty. The law does not allow the IRS to pursue you to pay the penalty; they cannot put a lien on your house, or garnish your wages.
Are the people without health insurance mostly old?
no
Should you enroll in Medicare Part B when you are still working and covered by employer health insurance?
Yes, because there will probably be a penalty for late enrollment, and your employer's health insurance will probably require you to enroll in Medicare.
Can your employer cancel your health insurance without notifying you?
No. Call your States Department of Insurance.
Is Medicare part b mandatory?
The short answer is no, but there is a chance that when you need it you will be hit with a late penalty for delaying enrollment. This late penalty is waived for anyone who is eligible for Medicare benefits (age 65 or over) and has credible insurance coverage, but again, if you do NOT have credible health insurance then you will face a penalty later in life.
What happen to having the right to choose your own health care plan in America?
You can choose your own health plan in America, but you have to have a minimum amount of insurance or pay a penalty.
When will it be illegal not to have health insurance?
Never. It will always be legal to go uninsured, but some people who go without health insurance will have to pay a tax penalty. The penalty started to apply on January 1, 2014. In order to be hit with the penalty, you mustBe a U.S. citizen or legal resident (no undocumented immigrants; American Indians also are exempt)Have income greater than the tax filing minimum ($9,750 for a one-person household)Pay no more than 8% of your income for the lowest cost planNot be in jailEven if you meet all of those criteria, you can still go three months "bare" and pay no penalty.
What services does peaceharbor health clinic florence offer to those without health insurance?
It offers a couple services to there patients without insurance. They offer family practice and internal medicine.
Does Indiana offer state funded health insurance plans?
Indiana has CHIP - Children's Health Insurance Program, which is available to children without other health insurance coverage. Medicaid, Hoosier Healthwise and Children Special Health Care Services are other programs available for children's health insurance in Indiana.
What is independent health?
Independent Health helps those without insurance in New York State. Independent health seeks to change insurance so that it can better benefit those who are uninsured.
