Q: I’m uninsured. Am I required to get coverage in 2014? A: Everyone is required to have health insurance coverage – or more precisely, “minimum essential coverage” – or else pay a tax penalty, unless they qualify for an exemption. This requirement is called the individual responsibility requirement, or sometimes called the individual mandate. Q: […]
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Frequently asked questions regarding details on Minimum Essential Coverage
Minimum Essential Coverage (The type of coverage an individual needs to have to meet the individual responsibility requirement under the Affordable Care Act. This includes individual market policies, job-based coverage, Medicare, Medicaid, CHIP, TRICARE and certain other coverage) & Premium Tax Credits (Subsidies) Q: What kinds of coverage count as Minimum Essential Coverage to satisfy the […]
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