
The Patient Protection and Affordable Care Act (PPACA) will change health insurance plan benefits and costs for Florida consumers.
Some of these changes will cause increased costs to a consumer’s health insurance premium as a result of:
- The requirement that health insurance coverage be offered to everyone, even if they have a preexisting medical condition
- The requirement that new benefits be offered, such as for substance abuse and mental health conditions
- The requirement that insurers charge the same health plan costs to men and women
- The limitation on how much your age can affect health plan costs
- New taxes and fees
Find out More About the ObamaCare Mandate and How You Can Qualify for an Exemption from the Tax “Penalty”
ObamaCare Mandate: those who choose not to purchase insurance will have to pay a tax “penalty” unless they qualify for an exemption. Exemptions from ObamaCare’s tax “penalty” mandate are available to a number of Americans.
The individual mandate (AKA shared responsibility provision) is the part of the Affordable Care Act that says you must obtain and maintain minimum essential coverage throughout the year or pay a fee (tax penalty)… but there are exemptions from the fee that as many as 26 million Americans will qualify for. See us today to see if you qualify for an exemption from the tax penalty on your yearly federal income taxes.
