Can we buy health insurance through prepaid cards in US? New IRS rules say YES

The IRS (Internal Revenue Service) issued a rule on 28th august 2013, that will allow individuals without traditional banking accounts to acquire health insurance. The rule requires insurance companies to accept payment via prepaid debit card, paper checks, cashier checks or money orders from households which do not have traditional bank accounts. There are an estimated 8.5 million Americans without health coverage according to t ...

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