How do I Avoid Paying for Health Insurance in America and Still be Legal?

May 17, 2016

In the U.S. it is NOT “illegal” to opt out of obtaining Health Insurance. Your choices as an alternative of securing “essential health benefits” are: Pay the Tax Penalty Seek an Exemption The Tax Penalty for 2016 is 2.5% of your total household Adjusted Gross Income, or $695 per adult and $347.50 per child to a maximum of $2,085. The Continue Reading

In the U.S. it is NOT “illegal” to opt out of obtaining Health Insurance.

Your choices as an alternative of securing “ essential health benefits ” are:

The Tax Penalty for 2016 is 2.5% of your total household Adjusted Gross Income, or $695 per adult and $347.50 per child to a maximum of $2,085.

The tax/penalty can be considered an opportunity cost of purchasing your health insurance. 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.

No doubt, that is a lot of money. Yet your exposure to a catastrophic loss because of unforeseen medical expenses to you or one of your family canadian pharmacy.

Originally published by Jeff Ryan on Quora.com
https://www.quora.com/How-do-I-avoid-paying-for-Health-insurance-in-America-and-still-be-legal

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Auto Rates and Finger Prints: Both are Unique to You!

By Jeff Ryan • April 7, 2026

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