How do I avoid paying for Health insurance in America and still be legal? In the U.S. it is NOT “illegal” to opt out of obtaining Health Insurance. read more
Having health insurance is not considered illegal, it is illegal, at least insofar as there is a fine (in the form of a reduction in one’s tax return) for those who do not have minimum essential coverage as defined under the Affordable Care Act. Whether or not failing to have health insurance should be illegal is another matter entirely. read more
If our laws read that we would be"fined" for not showing proof of health insurance, then certainly one might be able to apply the term"illegal" when speaking of not having health insurance. However, for the time being, it is only"illegal" to drive a vehicle without having liability insurance. read more
In other words, you are foregoing the $2,085 (savings) off the cost of health insurance if you chose to secure coverage. Though not a huge incentive, in your example, $1,500/month or $18,000 per year would actually be net cost to you of $15,915. read more