IRS Issues Information Letter on Requirement to Maintain Minimum Essential Coverage
The Honorable
Member,
Attention: --------------------------
Dear Representative Soto:
I am responding to your inquiry dated
---------------------------. ----------------contacted your office for assistance with the requirement to have health insurance coverage. Before moving to
The law requires individuals to have qualifying health care coverage (known as minimum essential coverage) for each month, qualify for a coverage exemption for the month, or make a shared responsibility payment when filing their federal income tax return. Minimum essential coverage generally includes:
* Coverage provided by an employer;
* Health insurance an individual purchases in the
* Most government-sponsored coverage such as Medicare Part A and Medicare
Advantage;
* Coverage an individual purchases directly from an insurance company; and
*Other coverage designated by the
In addition, health insurance coverage under an expatriate health plan provided to qualified expatriates who are in
However, ----------------may be exempt from the requirement to have minimum essential coverage. One exemption is for individuals who have no affordable health insurance options because the minimum amount they must pay for minimum essential coverage is more than a certain percentage of their household income. That percentage is 8.13 for 2016. For more information on health coverage exemptions, ----------------may want to visit our website, www.irs.gov, and review Form 8965, Health Coverage Exemptions.
I hope this information is helpful. Please call -------------------- or ---------------------- of my office at -------------------- or me at -------------------- if you have other concerns or questions.
Sincerely,
Associate Chief Counsel
Income Tax and Accounting
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