By Do you know that 26 is the large milestone in your life the place you might be now not coated beneath your father or mother’s medical health insurance, because of the Reasonably priced Care Act? Now you might be formally an grownup. Congratulations.
If you are making ready for an epic birthday bash, don’t overlook to pencil in a while to consider your medical health insurance protection. Making a good move now will prevent large time down the highway. That’s price a celebration.
There’s excellent news. You’ve a lot of inexpensive choices!
In case your employer doesn’t present insurance coverage, otherwise you need to store round, you have got a lot of inexpensive choices on the free market. Younger adults beneath age 30 can apply for a catastrophic well being plan which is minimal protection that can defend you from worst-case eventualities.
Six in 10 younger adults qualify for protection that prices $75 or much less a month after tax credit! This implies a bronze plan could also be a extra inexpensive possibility after tax credit than the catastrophic plan and can provide higher protection.
Don’t even take into consideration skipping out on medical health insurance.
You might be smarter than that. The 2016 penalty for not being coated is 2.5% of family earnings or $695 per grownup (plus $347.50 per baby beneath 18), whichever is greater. It will come out of your federal tax return, so there is no such thing as a avoiding it.
Unsure the place to start out? Take Command is right here to assist.
Take Command Well being may help you navigate the medical health insurance scene with our easy-to-use on-line device that makes use of knowledge to offer unbiased plan evaluation. We’ll assist you evaluate greater than 8,000 plans, examine for tax credit, and determine which plan is finest for you. It takes 5 minutes and it’s free!
Let’s Go!
