What happens if I don't have health insurance?
In Washington, if you don’t have health insurance, you may face financial penalties. According to the Affordable Care Act, people without health insurance will be required to pay a fee when they file taxes. The fee is based on income and the number of people in the family. The fee can be as much as 2.5% of your annual household income or $695 per adult and $347.50 per child in the household. Besides the financial penalty, there are other risks of not having health insurance. Without health insurance, you may be responsible for covering all medical expenses, including doctor visits, hospital stays, and prescription drugs. This can become very expensive and potentially cause you financial hardship. Additionally, not having health insurance is risky because you may not have access to regular preventive health care, such as screenings, vaccinations, and other types of medical care, which can help you stay healthy. It is important for everyone to have health insurance to cover medical expenses, preventive care, and to avoid the financial penalty. To find health insurance that meets your needs, you can visit the Washington state health insurance exchange, which can help you compare plans and coverage options.
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