Should I Get ObamaCare If I’m Going to Move out of Country?
I’m 62 now, I get the $400 retirement benefits a month, in August I am going to Poland(I am also a Polish Citizen) and I am going to live and stay there . In Poland I have got the medical health insurance. My question is: should I enroll in the USA for Obamacare health program. I will not use it, because I am going to live in Poland. What should I do? I do not want to pay any fines.
Answer
You'll need to have coverage or pay the fee for every year you live in the US more than 330 days and pay taxes. There are exemptions for being out of the country, so you should get coverage until you move. Once you move out of the country you can drop your coverage and take one of the exemptions for living abroad. If you don't qualify for any exemptions at the point when you move then you may end up owing the fee for the months you don't have coverage or an exemption. Paying the fee would probably be preferable to continuing coverage you don't need (unless it is heavily subsidized and you are sure you won't owe any of it back).
The key to making a choice here is realizing both the fee and cost assistance and repayment limits are all based on annual Modified Adjusted Gross Income claimed on one's US tax returns and of course understanding what exemptions you qualify for.
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I can’t find my question on the site, but this is close. I quit my job last year and have been out of the country the last ten months and will return next month. Can I try to enroll in Obamacare? Is there any sort of exception in this case? Will I have to pay a fee? I’m not sure how to proceed with healthcare when I return. Thank you.
In this case you should always call healthcare.gov when you know your moving plans and arrange coverage and cost assistance. This is best done up to 30 days before the move, although you can call and get more details at any point.
great answer