For mine, income is not really an issue. As long as you pay monthly with this very affordable plan. Many great companies out there.
It does not matter what profession you are in, pretty much anyone can buy health insurance that wants and can afford it.
There is no exact percentage but it is recommended that around 10 percent of your income be put toward health insurance. Most people do not spend this much on health insurance.
Sometimes, the cost of employer sponsored health insurance can be too much. For the unemployed and very low income, there may not even be any available health insurance. One solution to this problem is to look for the Medicaid programs in your state. Every state has a Medicaid program, although the names are all different, which is designed to cover those who do not have health insurance or who cannot afford it. For those who have no access to health insurance, Medicaid can provide nearly free coverage. For those who do have access through their employer but cannot afford it, Medicaid may be a very low cost option. Health insurance is critical to have in case of emergencies and there are many ways to get insurance if you do not currently have any.
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Your state insurance department is your best resource for insurance-related questions and concerns. Find information on insurance companies and agents, rate quotes and comparisons, insurance buying tips, claims filing information and much more.
our income for the year is around 110,000 can we afford a 160,000 home loan
The Affordable Care Act mandates expanded minimum coverage benefits for all Health Insurance Polices issued in America and mandates that all citizens buy a qualified Health Insurance Plan.For those citizens who can afford the new minimum coverage insurance plans, they will enjoy expanded coverage benefits including preexisting conditions and medicines and other procedures that were previously not typically covered. The cost though is reflected for most in higher insurance premiums and much higher deductibles.For the poor and low income who can not afford the required minimum coverage, they will have committed a federal misdemeanor and assessed a Tax penalty as punishment for failure to afford or acquire the coverage. The tax penalties collected from these violators are designated in the Act to be used to Enforce the Affordable Care Act on the citizenry.AnswerIt didn't.
If you do not have much money, you probably will not have much money for health issues. If you have a good income, you will be able to pay a personal doctor.
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If you could afford a Lamborghini, I really don't think the cost of insurance would concern you.
As with all insurances, that depends on how much you are prepared to reduce risk within the envelope of your disposable income.
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