I don't know what to do when it comes to health insurance?

I'm 22, currently unemployed, just lost my job. I'm looking for a new one now. I just graduated college last May.

I need insurance so I don't have to pay this penalty. I'm a rather healthy individual, that's why I've gotten by these past few years without having to go to the doctor.

I

I'm 22, currently unemployed, just lost my job. I'm looking for a new one now. I just graduated college last May.

I need insurance so I don't have to pay this penalty. I'm a rather healthy individual, that's why I've gotten by these past few years without having to go to the doctor.

I filled out the application at healthcare, gov and I got a message back stating that I did not qualify for Medicaid in my state, Alabama, or help with paying for insurance.

I live with my Mom, she has Medicaid. I had Medicaid up until the age of 19, and then they cut it.

I'm not quite sure what plan to get. Most I see are $160 and up. I really can't afford that right now with me being unemployed and paying back student loans, my cell bill, and helping my mom with rent.

Any advice? What plan should I get?
I've only been unemployed for 3 weeks, not 8 months.

Other answer:

StephenWeinstein:
You don't need insurance to just so you "don't have to pay this penalty." You do need it for other reasons, but that isn't one of them.

Even if you wanted to pay the penalty, you would not be allowed to pay it. To pay the penalty, a person has to have enough income to be required to file a tax return. If you have no income, then you cannot pay the penalty, and the government will refuse to accept your money if you try to pay it.

The only reason that you do need insurance is that if you get injured or get cancer or need expensive medical care for some other reason, it could cost you hundreds of thousands of dollars, or even millions, if you don't have insurance.

If you can't even afford $160, then you probably can't get insurance in your state. So what you have to do is very simple:

You need move to one of the states in which you will qualify for medicaid.

Or find a job so that you can afford to pay what insurance costs in your state.

Anonymous:
Paying the fine is going to be cheaper than buying the coverage. Since you're unemployed, and have been unemployed for the past 8 months, my advice is to get out there and lower your standards, and take a job, any job. Flip burgers. You don't have an insurance problem – you have an income problem.
Angelique:
Because you're under 30, you can buy a catastrophic plan that doesn't cover very much but is cheaper. There's also a new "essentials" plan that covers people that make just a little to much to qualify for medicaid. On the exchange, they work off prior year income so that could be why you were denied. You may need to go in person to your local social services office to get it straightened out.
npk:
Worry less about tax penalties and more about finding employment. That should be your priority.
Share

Leave a Reply

Your email address will not be published. Required fields are marked *