Subtitle F—Shared Responsibility for Health Care
Part I – Individual Responsibility
Sec. 1501. Requirement to maintain minimum essential coverage. Contains findings of
Congress related to the individual responsibility requirement, which are amended by Section
10106.
Sec. 5000A. Requirement to maintain minimum essential coverage. Requires individuals
to maintain minimum essential coverage beginning in 2014. As amended by Section 10106,
Failure to maintain coverage will result in a penalty of the greater of $95 in 2014, $495 in
2015 and $750 in 2016, or up to two percent of income by 2016, up to a cap of the national
average bronze plan premium. Families will pay half the amount for children up to a cap of
$2,250 for the entire family. After 2016, dollar amounts will increase by the annual cost of
living adjustment. Exceptions to the individual responsibility requirement to maintain
minimum essential coverage are made for religious objectors, individuals not lawfully
present, and incarcerated individuals. Exemptions from the penalty will be made for those
who cannot afford coverage, taxpayers with income under 100 percent of poverty, members
of Indian tribes, those who have received a hardship waiver and those who were not covered
for a period of less than three months during the year.
Sec. 1502. Reporting of health insurance coverage. Amends the Internal Revenue Code to
require the reporting of health insurance coverage.
Sec. 6055. Reporting of health insurance coverage. Requires every person that provides
coverage to report certain information about the coverage to the IRS
There ya go......Slick.....that's where I got it from....