Knowing Obama and the Democrat/RINO Party, what do you think?
Whoa ... over here
y’know what? They probably haven’t even thought about that, yet.
I think the supreme court said that there could be no penalty for not buying Insurance. Are you speaking of the tax on people who do not have insurance?
OMG I am so addicted to that show. It makes me think a lot about moving to Mexico or Central America.
(play video of Obama doing the "Homer Simpson blink")
We are all screwed - inside or outside the country.
There is an exception for expatriates who are out of the country at least 330 (as near as I can recall) days a year.
I may be entirely wrong at this point but 2 months ago I’d seen an article, (sadly, didn’t save it), indicating that yes, the penalty would have to be paid and that the IRS was looking to enforce the penalty on expats.
I’m not entirely sure that’s accurate however because, for example, many of my friends have retired to Mexico and have purchased the Mexican health plans. There are basically two types of insurance in Mexico. One is Hospitalization and the other is their “Farmacia” insurance which covers not just medicine but also their “Farmacias” operate as outpatient clinics. Rich people can also buy supplemental insurance while living in Mexico that is offered by the likes of Blue Cross/Blue Shield and is to cover services at their “Boutique” hospitals for foreigners.
I strongly considered retiring to Mexico/Central or South America but because of my wife’s rather delicate constitution, I decided against it. (I was raised overseas so its no stretch for me).
You’ll have to double check my information. In a sense, it doesn’t make sense to me that if you have foreign insurance you would have to pay a penalty because when you live/retire out of country, you can’t get Medicare coverage.
It doesn’t make sense to me in another way. I’d posited that one of the driving factors behind Obamacare was a desire to force people to retire out of country to save costs on Medicare and to force out millions of the hated old white people out of the country.
For now, that’s all I know.
No we don’t.
I’ve been looking for an answer to this also and haven’t received any valid answer.
My take would be to file a US Tax Return with the small overseas income and see what “subsidy” you qualify for ... you may need to use a relatives address in the states...
The “penalty” will almost certainly be the cheapest,, especially as you have no access to providers anyway ... nothing else makes sense.
I’m pinging AlexW ,, maybe he has an answer..
“except the leeches in the US urban areas”
it was designed to take money from those who work and give it to those who vote democrat. It is mainly a massive transfer of money.
It’s “affordable” for those who don’t work. They get it free. Those who produce have to pay. That is the nature of socialism.
The democrats don’t care who it hurts (as long as they’re White and working)
Just tell them you are Muslim and they will leave you alone.
That’s a good question. Is the ‘insurance’ useable overseas?
I think most regular health insurance policies cover illness when traveling (either directly or by reimbursement). With it becoming a gov’t ‘benefit’ will it still be useable for medical services rendered overseas? Are EBT cards useable for groceries overseas?