In NJ, is there a tax penalty for being on a Healt...
# insurance
b
In NJ, is there a tax penalty for being on a Health Share, and not having traditional health insurance?
c
No
thankyou 1
h
oh it's by state?
c
federal penalty was repealed, NJ made its own penalty then
b
So there IS a penalty?
What's the logic behind such a penalty?
c
They want everyone to get life insurance. Removing preexisting conditions means they need healthy people to have insurance too.
b
I'm not quite following. Why can't I make my own decision to pay my medical bills on my own?
b
You need to find out if the healthshare you are using is a Minimal Essential Coverage (MEC). If yes there is no penalty if not there probably is.
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l
Eli Langer from Kosher Money just posted recently that he's recording an episode about United Refuah Healthshare. Stam. (Can send questions to Eli@harvestingmedia.com)
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s
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The health care sharing ministry must have been in existence and sharing medical expenses continuously since December 31, 1999.
h
United Refuah took over from an existing health share so they should be fine
c
Had me scared 😳
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