California residents with no health insurance risk tax penalties

No Health Insurance - Person holding money

Uninsured people living in the state may have to shell out for failing to enroll in a health plan. California residents are being advised that a new state law says that if they have no health insurance, they may face a significant tax penalty. This regulation would apply to next year’s health plans and those in following years. That said, it’s important to note that not all people with no health insurance will be required to pay. There are certain exceptions that will allow some residents to be able to…

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