Not Planning to Buy Health Insurance? Here’s What’s Going to Happen to You #Obamacare

http://parrottcpa.blogspot.com/2013/10/not-planning-to-buy-health-insurance.html

Not Planning to Buy Health Insurance? Here’s What’s Going to Happen to You

It may seem like a clever idea to save yourself cash by not purchasing health insurance, but with Obamacare kicking in, you’ll have penalties to pay, which could cost you big bucks in the long run.

Not only are you playing financial Russian roulette – you could be forking out tens of thousands or hundreds of thousands of dollars if you’re injured in an accident or become seriously ill – you’ll also have to pay a penalty to the federal government for flouting the law, costing you hundreds or thousands of dollars more.

A wiser decision if you’re uninsured is to start shopping on your state health exchange, which opened Tuesday — with glitches — as a key part of health care reform.

Rebecca Parrott Tatum, CPA

(770) 292-0962
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About parrottcpa

Parrott & Associates, Certified Public Accountants Specializing In Business & Individual Taxes, Accounting & Payroll Located in Cumming, Georgia http://parrottcpa.com/
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