Moving

[lynxreign]

As many of you know, I'm planning to move to MA next year. Now I hear MA is requiring that all residents buy health insurance if it isn't provided by the employer. If employers don't provide it they have to pay a fine of $295 a year. Is this a joke of some sort? $295 a year? I should just incorporate and not provide me insurance.

Anyone think I need to worry about this new, wacky law/give-away to insurance companies? Should I be reconsidering my move?

Comments

[emmalyon.livejournal.com]

I only know from commercial insurance, but in MA a sole prop does not need legally workers' comp coverage and a sole officer of a corp can opt out. So I am betting they will have a similar exemption for the health insurance.