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Small Business Employee Benefits and HR Blog

Penalties for Individuals Not Purchasing Coverage Beginning in 2014

October 24, 2012
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individual health insurance tax penalty flowchart

The Affordable Care Act does not require individual to purchase health insurance, but most individuals face penalties starting in 2014 if they don't purchase qualified coverage for their household. This simple flowchart illustrates how those individual responsibilities work.

Source: Click here for PDF.

 

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