People become seriously ill and injured at all ages. Health insurance protects your financial as well as your physical health. If you need medical treatment, from emergency services to hospital care to rehabilitation, your bills could become overwhelming very quickly.
Another good reason to buy health insurance for young adults: it is the law as of March 31, 2014.
As of March 31, 2014, you should have health care coverage. If you don’t, you will pay a penalty. The IRS will add this penalty to your tax bill at the end of the year.
The Affordable Care Act gives you many more options to find health insurance that fits your needs and your budget.