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What Is the Individual Shared Responsibility Provision?
The individual shared responsibility provision lies at the heart of the Affordable Care Act—the 2010 health care law sometimes referred to as Obamacare. This is the provision that requires Americans to have health insurance coverage and that imposes a tax penalty on those who choose to go uninsured. Read more…

What is Code Section 6056 for Health Care Reform?
Section 6056 was added to the IRS tax code with the passing of the Affordable Care Act (also known as Obamacare) and explains what businesses need to do to notify their employees and the IRS about the health care coverage they offer. Read more…

How to Determine if You Have Minimum Essential Coverage (MEC)
The Affordable Care Act, also known as Obamacare or ACA, requires most Americans to have health insurance that meets a government standard known as "minimum essential coverage," or MEC. Whether your insurance qualifies as MEC depends not on the plan itself, but on how you obtained your coverage. Read more…

Will Medicare/Medicaid be Impacted by ACA?
The Affordable Care Act put in place significant tax-related programs that impact Medicare and Medicaid, such as increased Medicare taxes on earned and unearned income for high-wage earners, and Medicaid changes that increase the number of insured individuals. Establishing whether you are affected by the ACA-imposed taxes, or are eligible for certain health programs that fall under the Centers for Medicare and Medicaid Services, is largely determined by your income. Read more…

What is Form 1095-C: Employer-Provided Health Insurance Offer and Coverage
The Affordable Care Act, or Obamacare, requires certain employers to offer health insurance coverage to full-time employees and their dependents. Further, those employers must send an annual statement to all employees eligible for coverage describing the insurance available to them. The Internal Revenue Service (IRS) created Form 1095-C to serve as that statement. Read more…


More ACA Articles

Employer Sponsored Health Coverage Explained What is Form 1095-B: Health Coverage Does Medicare Count as Minimum Essential Coverage (MEC) What is Form 1095-A: Health Insurance Marketplace Statement What is Employer Sponsored Coverage? Affordable Care Act (Obamacare) Survival Guide For ALEs Does Your Company Need to File Form 1095-B? Are You Exempt From Health Care Coverage? What Are the Tax Penalties for Smokers? Video: Affordable Health Care Act Explained—Obamacare Facts Video: What is the Affordable Care Act Individual Mandate? Know the Key Dates for Health Care Reform What are 1095 Tax Forms for Health Care? What the Affordable Care Act Means for Vets Essential Tax Forms for the Affordable Care Act (ACA) Video: Who Qualifies for an Affordable Care Act Exemption (Obamacare)? How Health Care Reform Has Changed the Way You Pay Taxes Health Care and Your Taxes: What's the Connection? Do VA Benefits Count as Medical Insurance Coverage Under Obamacare? What is the Shared Responsibility Payment? Finding Your Health Care Marketplace Video: The Affordable Care Act Tax Penalty Explained (Obamacare) What is Form 1094-B: Transmittal of Health Coverage Information Returns? 5 Steps to Navigate the Health Care Marketplaces What is the Difference Between Forms 1094-C and 1095-C? Understand and Avoid Health Care Reform Tax Penalties What Is the Individual Mandate for Health Care Reform? Affordable Care Act Decoded Video: How to Claim the Affordable Care Act Premium Tax Credit (Obamacare) The Most Important Tax Forms for ALEs (Applicable Large Employers) What is the Premium Tax Credit? Are Out-of-Pocket Medical Expenses Covered by ACA? What is an ALE (Applicable Large Employer) for Health Care Reform? How Does IRS Form 1095-B Affect Small Businesses?

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