The Affordable Health Care Act, more commonly referred to
as Obamacare, has a caveat in it that says people who make a certain amount of money must have health insurance of their own that meets a certain standard, or they will have to pay a certain amount more in
taxes. It’s a pretty standard formula, and there’s not a lot of wiggle room; either people who make enough money to put them over the cut off will have health insurance and be
exempt, or they won’t and there will be a penalty when it comes time to pay taxes.
How To Avoid the Penalty
The only way to avoid having to pay more in taxes at the end of the year once the Affordable Health Care Act goes into full force is to have enough health insurance coverage
of your own to meet the requirements put forth in the law. Or to make so little money that the penalty doesn’t apply to you.
For those who don’t want to give up their earning potential though, the easiest way to stay on the right side of the law is to just get quotes and make your decision on what
health insurance policy is best for you today. By choosing your own policy you maintain your freedom to choose what is best for you and to keep control over your own life
and your needs. That’s what the penalty represents; an arbitrary charge for those who cannot decide their health insurance needs on their own. It doesn’t provide anything
better than what everyone else without health insurance is entitled to under the new law. So why wait when waiting can cost you both money and choice? Instead come and get
your quotes today to find the best possible insurance policy for you.
This entry was posted on Wednesday, March 20th, 2013 at 11:15 am and is filed under obama care. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is
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