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If I decide to gamble and go without insurance, isn’t that my business?

  • September 3, 2012

Q: If I decide to gamble and go without insurance, isn’t that my business?

A: No, because if you wind up being the uninsured cancer patient who arrives at the ER and is hospitalized, the rest of us pay the bills for your hospital stay. Hospitals pass on the cost of “uncompensated care.” This is one reason for the Affordable Care Act’s individual mandate and its penalty for those who ignore the mandate. Find out how much of an Obamacare penalty you might pay for ignoring the mandate.

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