As most of us know by now, the “individual mandate” of the Affordable Care Act states that all Americans must have health insurance as of Jan. 1, 2014.
This mandate applies to any citizen whose income falls above a designated percentage of the federal poverty limit who is not covered by an employer’s health plan. Those who don’t have insurance are required to pay a substantial penalty.
There are exceptions to the mandate, however, particularly for those whose families are struggling to make ends meet. Learn if you qualify and how to apply for an exemption if you do. + Read More