Penalties for Individuals Not Purchasing Coverage Beginning in 2014

New Call to action

SUBSCRIBE

The Zane Employee Health Benefits blog covers all of employee health benefits - Defined Contribution, private exchanges, individual health insurance, small business health benefits, HRA, and premium reimbursements. Join thousands of others and subscribe now!

Subscribe to RSS feed Add us on Facebook! Follow us on Twitter

Subscribe by email

Your email:

Search

Most Popular Posts

Current Articles | RSS Feed RSS Feed

Penalties for Individuals Not Purchasing Coverage Beginning in 2014

Posted by Rick Lindquist on Wed, Oct 24, 2012 @ 01:31 PM
 

individual health insurance tax penalty flowchart

The Affordable Care Act does not require individual to purchase health insurance, but most individuals face penalties starting in 2014 if they don't purchase qualified coverage for their household. This simple flowchart illustrates how those individual responsibilities work.

Source: Click here for PDF.

 

Note: This should not be taken as legal or tax advice.

subscribetoblogctablue
Tags: , , ,

Comments

I thought it was a tax, not a penalty? At least that is what the Supreme Court ruled in July. 
 
A tax is smaller than a penalty per the ruling. Is the tax big enough to change behavior, given the preexisting options people have?  
 
My bet is no.
Posted @ Wednesday, October 24, 2012 1:52 PM by Kevin @ Ask for Benefits
The PDF of this chart is not accessible when you click on it.
Posted @ Wednesday, October 24, 2012 2:51 PM by Jacque
Jacque - it's working for me? Will you try again?
Posted @ Wednesday, October 24, 2012 3:42 PM by Rick Lindquist
Thanks! This is a great, easy-to-understand resource for anyone confused about how the ACA, which is quite a few people due to the conflicting media coverage. Thanks again.
Posted @ Wednesday, October 31, 2012 4:56 PM by JD Fulwiler
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics

More Info
Health Benefits Resources
Press Room
Careers
Partners
Privacy Policy
Product
Services
Defined Contribution
Premium Reimbursement
Private Exchanges
Reimbursement Accounts
HRAs
Small Business Health Insurance
Customers
Affiliates
Help & Support
Submit an Idea
Log In
Across the Web
Blog
LinkedIn
Twitter
Facebook
YouTube
SlideShare
Google+
Contact Us
Zane Benefits
136 Heber Ave, #308
Park City, UT 84060 [Map]

Call us at 1-800-391-9209
Have Sales Contact You
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. Zane Benefits, Inc. does not sell health insurance.