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4 Healthcare Mistakes to Avoid in 2020


Healthcare is a giant expense for Americans of all ages, but if you're not careful, it could end up costing you more money than necessary. Here are a few healthcare mistakes that could upend your budget and introduce a world of unnecessary stress in the coming year.

After the Affordable Care Act became law, those who chose to forgo health insurance were slapped with costly penalties. The purpose of this was to encourage all workers to purchase health coverage. But in 2019, that penalty went away at the federal level, and while some states have their own individual health insurance mandates, you might get away with skipping coverage at no added cost.

But just because you're no longer required to have health insurance doesn't mean it's safe to go without it. If you do, you'll leave yourself vulnerable to untold expenses the moment you get hurt or unexpectedly sick.

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Source Fool.com


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