Sunday, October 21, 2012

How does Obamacare work if you lose insurance for a short period of time?

So...I get taxed a penalty for not having health insurance. What if I'm between jobs and I have to wait the 90 day probation period (like I am now) until I qualify for benefits through my employer. Will I be required to purchase health insurance during that period? What if I don't purchase insurance (I'm only in my 20s and healthy), how is my penalty calculated for that 3 month period?

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