Under the Affordable Care Act, the federal government, state governments, insurers, employers and individuals are given shared responsibility to reform and improve the availability, quality and affordability of health insurance coverage in the United States. Starting in 2014, the individual shared responsibility provision calls for each individual to have qualifying health care coverage (known as minimum essential coverage) for each month, qualify for an exemption, or pay a penalty when filing his or her federal income tax return.
Articles in this section
- Is There Still A Penalty If I Don't Buy Health Insurance in 2024?
- Health Insurance Plans Accepted by Cleveland Clinic
- What Is BCBS ?
- Can I get hospitalization insurance only?
- Out-of-Pocket Costs for Health Insurance
- Is Goodrx accepted at Sam’s Club?
- What Marketplace Plans are Accepted by Cleveland Clinic?
- Understanding The Different Types of Insurance
- What insurance companies does Mayo Clinic accept?
- What applies to maximum Out-of-Pocket PPO Plans?