It appears that US Health Care reform is likely to go ahead. What I saw as having little chance to happen 6 months ago now seems to have about a 50/50 chance to happen. Despite not being passed yet, I wanted to start a discussion on the implications for US Citizens living in the DR. This is likely to have an impact on ALL US citizens regardless of where they live.
Here is what I am finding about likely scenarios:
All US Citizens and qualified family members will be required to have a government qualified health care plan in the US. I do not expect that Expatriates will be excluded from this. We are not a factor in their equations.
If you do not join a qualified plan, you will pay a special tax at a rate of about 2.5% of your gross income annually or there could be severe penalties.
Qualified plans will cost somewhere between 15 and 20 percent of your gross income for coverage you would receive in the US.
Here is what I am finding about likely scenarios:
All US Citizens and qualified family members will be required to have a government qualified health care plan in the US. I do not expect that Expatriates will be excluded from this. We are not a factor in their equations.
If you do not join a qualified plan, you will pay a special tax at a rate of about 2.5% of your gross income annually or there could be severe penalties.
Qualified plans will cost somewhere between 15 and 20 percent of your gross income for coverage you would receive in the US.