The Affordable Care Act, more popularly known as «Obamacare,» requires everyone to have «
qualifying health coverage.»
Grandfathered plans count as
qualifying health coverage and you don't have to pay the penalty for not having insurance.
In some limited cases insurance companies sell private health plans outside Open Enrollment that count as
qualifying health coverage.
If you or anyone in your household lost
qualifying health coverage in the past 60 days or expects to lose coverage in the next 60 days, you may qualify for a Special Enrollment Period.
A payment («fee,» «fine,» «individual mandate») you make if you don't have health insurance that counts as
qualifying health coverage.
You may qualify for a Special Enrollment Period if you or anyone in your household lost
qualifying health coverage in the past 60 days OR expects to lose coverage in the next 60 days.
To avoid the penalty for not having insurance you must be enrolled in
qualifying health coverage (sometimes called «minimum essential coverage»).
You may qualify for a Special Enrollment Period if you lose
qualifying health coverage you had through a parent, spouse, or other family member.
Important: You must prove you had
qualifying health coverage for one or more days during the 60 days before your move.
Most Americans must have
qualifying health coverage or pay a penalty.
THIS IS NOT
QUALIFYING HEALTH COVERAGE («MINIMUM ESSENTIAL COVERAGE») THAT SATISFIES THE HEALTH CARE COVERAGE REQUIREMENT OF THE AFFORDABLE CARE ACT.
Important: If you don't have
qualifying health coverage for all or some months of the year, you may have to pay a penalty with your next federal tax return.
You owe a fee for any month you, your spouse, or your tax dependents don't have
qualifying health coverage.
Examples of
qualifying health coverage include:
In order to be considered «
qualifying health coverage» as defined by the Affordable Care Act, a health insurance plan must have the minimum essential coverage (MEC).
In many cases, if you do not purchase
qualifying health coverage by Dec. 15, 2017, you will be unable to purchase health insurance unless you qualify for a Special Enrollment Period.
If you don't have
qualifying health coverage for more than three or more consecutive months, you will have to pay a fee on your federal tax return.
During Open Enrollment, you need to purchase
qualifying health coverage (also known as minimum essential coverage).
Gap insurance plans are not regulated by the Affordable Care Act, and do not offer the same consumer protections as
qualifying health coverage.
However, it's very important to note that short - term health insurance plans do not count as
qualifying health coverage, and any time period that you're covered by only short - term health insurance will be «uninsured» time for the purposes of the ACA mandate (and avoiding the tax penalty).
Off - exchange plans, so called because they are not sold on government - run exchanges, must also cover the ten essential benefits and meet certain federal standards in order to be considered
qualifying health coverage.
If you don't have
qualifying health coverage for all or part of the year, you may have to pay a penalty.
Not exact matches
«You just don't know what your
health will be in 20 years and whether you'll be able to
qualify for
coverage.»
Wegmans offers
health insurance for
qualifying part - time employees, 100 percent company - paid
health coverage for dependents (for full - time employees), and fairly generous paid - time - off benefits.
Romney would also reform the tax code, first by eliminating the minimum deductible requirement for
health savings accounts paired with catastrophic
coverage, then by allowing a full deduction for all
qualified medical expenses, which would include premiums, co-payments, and out - of - pocket spending.
In order to
qualify for
coverage, Sun Life plan members must meet specific criteria including an authorization letter from a physician and registration with a medical marijuana producer licensed with
Health Canada.
When applying for no medical exam insurance, you'll be asked several questions about your
health and medical history and your responses will be used to determine whether you
qualify for
coverage.
Are you unsure as to whether or not you
qualify for OPERS
health care
coverage?
This section helps retirees and other benefit recipients learn more about
qualifying for and enrolling in OPERS
health care
coverage.
These standards ensure that 10 categories of essential
health benefits are part of the benchmark
coverage for each market (Exhibit 5).11 But the benefits for newly eligible Medicaid enrollees exceed what is required in
qualified marketplace plans.
The Affordable Care Act established benchmark
coverage standards for Medicaid's newly eligible adult population, as well as for
qualified health plans sold in the
health insurance marketplaces.
Permitting federally subsidized
qualified health plans to provide abortion
coverage through the state insurance exchanges required in all 50 states.
Failing to prohibit all multi-state
qualified health plans from providing
coverage for abortion.
You and your family may
qualify for free or low - cost
health insurance coverage through Medicaid or the Children's Health Insurance Program (
health insurance
coverage through Medicaid or the Children's
Health Insurance Program (
Health Insurance Program (CHIP).
After that age, a young adult may
qualify for
health coverage through Medicaid.
A child with severe food allergies typically does not
qualify for
coverage under the IDEA unless the child needs special education in addition to accommodations and
health services for his food allergies.
In New Jersey, people who believe they've
qualified for Medicaid
coverage under the
health reform law might not actually be enrolled.
Child
Health plus greatly expanded
coverage for poorer families with children under 19 who did not
qualify for Medicaid.
Public employees do not
qualify for these state programs, yet families of four earning nearly $ 85,000 annually can
qualify and provide incentive to business to avoid providing
health care
coverage and its associated cost.
Lipinski is also one of just three Democrats in the House, all of whom are men, who voted in January for legislation that would prohibit
qualified health care plans from including abortion
coverage.
WHEREAS, research shows that women are substantially less likely to self - select or be recruited for elective office, this gender gap in political ambition persists across generations and over time and that
qualified female candidates who are equally or more
qualified than men are often seen as less
qualified or less viable than male candidates; and WHEREAS, research confirms that the presence of more women in a governing body leads to greater transparency and a focus on progressive policies such as closing the funding and achievement gaps in education, closing gaps or loopholes in contraception
coverage and affordable
health care, closing the wage gap, and removing obstacles that contribute to poverty of women & children; and
Currently, a number of life events such as the birth of a child, marriage, divorce and becoming a U.S. citizen
qualify a person to enroll in
health coverage outside of the designated enrollment period.
WHEREAS, New York's uninsured working families often earn too much to
qualify for public
health insurance, but not enough to purchase
coverage that costs, on average, over $ 1,200 per month for an individual and $ 3,450 per month for a family of four;
Shin and his colleagues estimate that the ACA would have helped 5.2 million out of a total of 7.5 million uninsured community
health center patients to gain
health coverage either by buying affordable policies or
qualifying for Medicaid under the expansion programs.
f you don't have
health insurance, or your insurance
coverage still leaves you with big bills, hospitals are supposed to let you know if you
qualify for free or reduced - price care, and to charge you fairly even if you don't, if they want to keep their tax - free nonprofit status.
Naturopathic Medicine and Acupuncture have
coverage through extended
health providers and
qualify for CRA's medical expense tax credit.
When applying for no medical exam insurance, you'll be asked several questions about your
health and medical history and your responses will be used to determine whether you
qualify for
coverage.
If you did not have
health care
coverage that meets the criteria for minimum essential
coverage or
qualify for an exemption (for example, you filed for bankruptcy, were evicted or your home was foreclosed, you were homeless, experienced a natural disaster, etc.), you will need to calculate your shared responsibility payment when you file your tax return.
Check your insurance
coverage Because of Obamacare,
health insurance is now mandated for everyone unless you
qualify for an exemption.
Even though the Affordable Care Act has made it easier for early retirees to find affordable
health coverage until they
qualify for Medicare, the cost for insurance and
health - care services can still eat up a lot of your budget.