Health Insurance Exemption Criteria
The Affordable Care Act includes a provision—often referred to as the individual mandate—that requires nearly all Americans to maintain minimum essential health coverage. From 2014 through 2018, that requirement was enforced with a penalty tax called a shared responsibility payment. People who didn’t have minimum essential coverage had to pay a penalty—assessed on their tax returns—unless they qualified for an exemption. Since 2019, however, there has no longer been a federal penalty for not having minimum essential coverage....