Ok so after calling around pretending to be a consumer i found out some minor details but still there is a way around the tax penalty.
here is the break down:
yes:
short term plans are medically underwritten
preexisting conditions apply
however:
The federal tax penalty only applies to individuals that go 90 days in the year with out health insurance.
so with that being said we are kind of both right:
you can avoid the penalty only if
you are uninsured or on a short term plan for no more than 60 days don't go pass the 90 or even use up to the 90th day. the minute you do you
here is the break down:
yes:
short term plans are medically underwritten
preexisting conditions apply
however:
The federal tax penalty only applies to individuals that go 90 days in the year with out health insurance.
so with that being said we are kind of both right:
you can avoid the penalty only if
you are uninsured or on a short term plan for no more than 60 days don't go pass the 90 or even use up to the 90th day. the minute you do you
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