Can I Refuse To Buy Health Insurance Till I Can Afford It?
Though health insurance is a valuable asset to have, many people just can’t afford to buy it. With the economy in its current state, people are starting to refuse to buy health insurance because they just can’t make it work. This is especially true for those people who own their own businesses. They don’t have the benefit of getting insurance from their employer, so every insurance policy that they have has to be completely funded out of pocket. Though it’s probably not a responsible way to go through life, these people have to cut the costs somewhere if they want to survive.
Can I refuse to buy health insurance?
You absolutely can refuse to make this purchase if you can’t afford to buy health insurance. There are many people who take this option because the alternative just is not possible. At the current time, you can refuse to buy health insurance because there’s no law requiring that you have it. Though you won’t be able to get certain types of medical care without insurance, you will still be able to use emergency services at most of the hospitals around.
The changing nature of the health insurance industry
With the new administration in in the White House and health insurance reform being on their list of things to do, there’s a chance that the law might be changing. Though you can refuse to buy health insurance until you can afford it right now, that might not be the case in the near future. In the next couple of years, you might be forced to have a health insurance plan. Under the current proposal, if you don’t have a health insurance plan, you will have to pay a fine to the government. This is something that small business owners are fretting over, because it presents a big problem for many of them.
Related posts:
- What Are The Benefits Of Health Care Reform For Those Who Have Insurance?
- How Does The Federal Government Help People Afford Health Insurance?
- How To Switch Health Insurance Companies?
- How Companies Choose A Health Insurance Plan?
- How Does Long Term Health Care Insurance Work?
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