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I have a lapse of 3 months coverage for health insurance because of starting a new job. Am I penalized for that?

 
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1 Reply
LinaJ2018
Intuit Alumni

I have a lapse of 3 months coverage for health insurance because of starting a new job. Am I penalized for that?

Yes, you will be subject to a penalty, unfortunately.  The gap in coverage has to be " less than three months in duration" . If you’re uninsured for three or more months, you’ll pay a penalty for the full duration of the gap.

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