News Headlines Article

Young, uninsured should weigh health care options
San Francisco Chronicle

They’re young, healthy and flat broke – and now the government says they have to buy thousands of dollars’ worth of medical insurance. What should tapped-out people in their 20s do?

Some may do nothing. The annual fine for shrugging off the new federal insurance requirement, to begin in 2014, starts out at a relatively low $95, depending on income. That would be far cheaper than paying premiums.

But that doesn’t necessarily make blowing off the mandate a good idea for the fit and frugal.