What You Need to Know About Opting Out of Obamacare

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  • How Long Do I Have to Decide?
  • What Is the Penalty?
  • Why Is There a Penalty?
  • Who Can Get an Exemption?
  • Does the Government Just Want Our Tax Money?
  • The Bottom Line
  • What You Need to Know About Opting Out of Obamacare
  • Who Doesn’t Want Health Insurance?

Why Is There a Penalty?

“When someone without health coverage gets urgent — often expensive — medical care but doesn't pay the bill, everyone else ends up paying the price,” writes HealthCareGov. This is why the law requires that people who can afford health care pay for it or pay the price for not having it. 

(Photo: Courtesy healthcare.gov)

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