Frequently-asked questions by tag

individual mandate

What happens if I buy insurance but it doesn’t meet ACA’s minimum essential benefits standards?

What happens if I buy insurance but it doesn’t meet ACA’s minimum essential benefits standards?

September 23, 2019 – With the exception of short-term health insurance and other non-ACA-regulated plans, all individual health insurance policies sold since… Read more

Although there is no longer a federal tax penalty for being uninsured, some states have created their own penalties with enforcement mechanisms that largely mirror the federal rules that applied through 2018.

Is it true that the government can’t really enforce the penalty for not having health insurance?

September 12, 2019 – Although there is no longer a federal tax penalty for being uninsured, some states have created their own penalties with enforcement… Read more

Is the Obamacare individual mandate just based on the honor system?

Is the Obamacare individual mandate just based on the honor system?

January 19, 2019 – Q. Is the Obamacare individual mandate just based on the honor system? A: In some ways, yes. But although the individual mandate penalty… Read more

A tax form highlighting line 61

Will the IRS still enforce the individual mandate penalty for 2018 tax returns?

January 17, 2019 – The individual mandate and its associated penalty are applicable to 2018 tax returns, as the repeal of the mandate penalty didn't take… Read more

If someone decides not to buy health insurance and is injured in accident, what happens?

If someone decides not to buy health insurance and is injured in accident, what happens?

December 19, 2018 – Q: If a person opts out of buying insurance, gets in an accident and goes to hospital emergency room – what happens? A: When a… Read more

Regardless of where you get your health insurance, you (and the IRS) will get a tax form from your employer, insurance company, or exchange each year showing that you had coverage during the previous year.

Who is keeping track of whether I buy health insurance through the exchanges?

January 31, 2018 – Regardless of where you get your health insurance, you (and the IRS) will get a tax form from your employer, insurance company, or exchange… Read more

Is it true that Obamacare’s preventive care mandates only help women?

Is it true that Obamacare’s preventive care mandates only help women?

January 29, 2018 – Q. I've heard that Obamacare's preventive care mandates only help women. I'm a man, and I feel like I'm getting the short end of the stick.… Read more

I know the individual mandate permits a short gap in coverage of less than three months per year. What if I’m uninsured for the last two months of 2017 and first two months of 2018?

How long can I be uninsured before I have to pay the individual mandate penalty?

January 28, 2018 – Q. I know that the individual mandate allows for a gap in coverage as long as it's less than three months in a year. But what if I have… Read more

What happens if I don’t buy ACA-compliant health insurance?

January 18, 2018 – The health reform law includes an individual mandate, requiring every American to have health coverage, with just a few exceptions. It… Read more

Will the IRS apply my payment to my penalty or to my income tax?

If I owe income tax and the ACA penalty but don’t plan to pay the ACA penalty, will the IRS apply my payment to my penalty or to my income tax?

January 12, 2018 – Q. If I owe income tax and the ACA penalty but don’t plan to pay the ACA penalty, will the IRS apply my payment to my penalty or to my… Read more

I work at a large corporation that offers health insurance, but it’s expensive and I don’t feel I need it. Under Obamacare, can my company force me to sign up?

September 20, 2017 – Q. I  work for a large corporation that offers health insurance.  It's pretty expensive though, and I don't feel I need it. I'm young,… Read more