ambulanceDid you pay the price this year for not having the minimum essential healthcare coverage?  Rectify the situation now to avoid being penalized for the whole year.  If you need health coverage, visit HealthCare.gov to learn about health insurance options that are available to you and your family, how to purchase health insurance, and how you might qualify to get financial assistance with the cost of insurance.

Below are some examples of coverage that qualify as minimum essential coverage:

Employer-sponsored coverage:

  • Group health insurance coverage for employees under

                      A governmental plan such as the Federal Employees Health Benefit Program

                      A plan or coverage offered in the small of large group market within a state

                      A grandfathered health plan offered in a group market

  • Self-insured group health plan for employees
  • COBRA coverage
  • Retiree coverage

Individual health coverage:

  • Health insurance you purchase directly from an insurance company
  • Health insurance you purchase thru the Health Insurance Marketplace
  • Health Insurance provided through a student health plan

Coverage under government-sponsored programs:

  • Medicare Part A coverage
  • Medicare Advantage plans
  • Most Medicaid coverage
  • Children’s Health Insurance Program, also known as CHIP
  • Most types of TRICARE coverage
  • Comprehensive health care programs offered by the Department of Veterans Affairs
  • Department of Defense Nonappropriated  Fund Health Benefits Program
  • Refugee Medical Assistance

Now is the time to avoid issues for Tax Day 2017.  You will be so happy you took care of this now!