Can You Afford Not to Have Health Insurance?

As most people know, the Affordable Care Act requires everyone to have some form of health coverage. With all of our existing household expenses, adding another monthly payment can seem daunting, leaving many people to wonder how they will afford health insurance.

The clock is ticking to purchase insurance for this year too. If you miss the March 31 deadline, you have to wait until November 2014 to enroll in coverage effective January 2015. That would leave you uninsured for nine months.

What would happen if you break an arm during that time? You could see a bill of $16,000 or more. Need your appendix removed? That will cost anywhere from $10,000 – $35,000. If you get pregnant, you’re looking at an average of $30,000 for vaginal delivery and $50,000 for a C-section.

Looking at these numbers, do your questions shift? Are you now asking how could you afford not to have health insurance?

To help lower- and middle-income people pay their premiums, the ACA established subsidies. To check if you’re eligible for financial assistance, text “4Subsidy” to 222-752 or visit

IBU infographic

Leave a Comment

Your email address will not be published. Required fields are marked *