What about the 2010 health care bill?

Once you age out of your parent’s coverage at 26 (assuming they have coverage), then yes, you will be fined for not having health insurance once the laws fully kicks into gear.

There is no other product or service I’m aware of that you are required by law to purchase for the luxury of merely existing.

As of September 23, 2010 your friend can get on her parents healthcare plan. Her child will not be able to as it is a grandchild and is not covered under the law. Some health plans are enacting this option early so contact the insurance carrier to see when you will be eligible to enroll.

If I knew where I could research it, I would! When I went to look this topic up, it didn’t answer any of these questions so honestly I would like to know where you got your info from? I got most of mine from my mothers insurance Co. which seems like a pretty good source.

I refuse to be forced to pay for healthcare that I will willingly pay any money for as long as it stays quality which now it wont.

There is no other product or service I’m aware of that you are required by law to purchase for the luxury of merely existing.

Toadaly I understand your sentiment, but we are required to pay for many services via taxes. I agree it is distasteful having to purchase insurance from private profit-making organizations. I would much rather have had a single-payer system, medicare for all. It is the simplest and cheapest way to do it.

Lordy…

http://www.cnn.com/2009/POLITICS/12/24/health.care/index.html

http://www.washingtonpost.com/wp-srv/special/politics/what-health-bill-means-for-you/

http://www.politifact.com/truth-o-meter/article/2010/mar/18/top-10-facts-know-about-health-care-reform/

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h3962pcs.txt.pdf

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h3590as.txt.pdf

so much misinformation… Just try reading something about the real bill instead of relying on what you hear from friends.

As of Sept 23, 2010, any dependent child (must be a full time student, or living home) will be permitted to remain on their parents’ plan.

Fines for not getting insuarance coverage do not take affect until 2014. The fines are 1% of income. So if you make 50,000 a year you will pay 500. There are exceptions for hardships and religious beliefs.

This is why this plan is so unpopular. People being told misinformation, and then spreading it around as if it were truth.

Unfortunately it is all true. If you are under 26 years of age, you can still be on your parents medical coverage. Right now the insurance companies are probably in a stand still as to what is going on with putting you on your parents coverage. I have friends who do not have medical coverage and are willing to be fined. I am not sure if the fine goes on your record. They each said on average they could be paying for their own medical coverage out of pocket $100-$300 a month. Or they could just pay the one time penalty fee of $500 a year. Do the numbers, its cheaper to be fined. Sounds crazy, but a lot of people are willing to pay the fine.

Thanks jimahl…my gosh, no one does research any longer.