Tag Archives: What is the Individual Mandate of Obamacare?

What is the Individual Mandate?

Question: What is the Individual Mandate of the Affordable Care Act?

Answer: The individual mandate of the Affordable Care Act requires most individuals to maintain minimum essential health insurance coverage or pay a penalty. For children, the penalty will be one-half the amount for adults.  The penalty for 2014 is $95 per person or 1 percent of the household income, whichever is higher.

There are several exemptions to the individual mandate for those who qualifies.  Exemption include

  • religious objectors
  • those who cannot afford coverage
  • taxpayers with incomes less than 100% of the federal poverty level (FPL)
  • Indian tribe members
  • those who receive a hardship waiver
  • individuals not lawfully present
  • incarcerated individuals
  • individuals without coverage for less than 3 months during the previous year.