*Loan,banking and credit>>>medical insurance

Medical insurance coverage in Colorado?

I live in Colorado and I cannot afford medical insurance for my daughter through my employer and I earn too much money to qualify for CHP.

My daughter's father can't even make the minimum child support payments without factoring medical insurance premium.

What I want to know is... Is it illegal not to have medical insurance even if I can't afford it. What will/can happen within the court system?

Thanks for the help!

It鈥檚 not illegal (yet) to not carry health insurance. If you are involved in some sort of custody battle, a judge might not look favorably on your passing up health insurance at work if you can afford it. If you can鈥檛 afford it, then it shouldn鈥檛 be held against you.

Group insurance through your employer should be the least expensive you can find, but you might check to see if your employer has a Health Saving Account (HSA). This account allows you to set aside money for insurance before it is taxed (Social Security and income tax). This tax savings means that your health insurance dollars are worth 10-30% more, since you use them before taxes are taken out. To have an HAS plan, you have to sign up for a High Deductible Health Plan (HDHP). Since the deductible is high, the premiums are very low (and remember you鈥檙e paying them with tax-free dollars). This could save you money and show the court that you have insurance.

To find a qualified HDHP plan or just to compare regular insurance prices, log on to a site like http://www.healthinsurancewiz.com... and fill out a request for quote. You will be contacted by a local insurance broker who will contact all the reputable health insurance companies to find the best price for you. You are not obligate to buy, so it's worth a try. Good luck!

It's not illegal, but if the court has ordered YOU to buy the health insurance and you don't, you're in contempt of the court order.
agent, 21+ years
No, it's not illegal unless the court has ordered you to buy it. But it's not a good idea, so get it as soon as you can afford to.