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
- The American Rescue Plan impact on Health Insurance
- Is the Silver Plan Metal Level Right for Me?
- Is a Bronze Plan Metal Tier Right for Me?
- What are Affordable Care Act Metal Levels?
- The Affordable Care Act's Fate Is In Flux But 2021 Health Plan Prices Are Stable
- Premiums Drop Slightly As 2021 Open Enrollment Period Draws Near
- 2021 Premium Changes on ACA Exchanges and the Impact of COVID-19 on Rates
- Is There Still A Penalty If I Don't Buy Health Insurance in 2023?
- Can I get hospitalization insurance only?
- Out-of-Pocket Costs for Health Insurance
Please sign in to leave a comment.