Individual Mandate

Some Basics on the Individual Mandate, Subsidies, and Medicaid Expansion

As of January 1, 2014, the Patient Protection and Affordable Care Act (PPACA) requires most U.S. citizens and lawful residents to either have “minimum essential coverage” or to pay a federal tax. This provision is known as the “Individual Mandate”. The PPACA also requires each state to have a “Health Insurance Marketplace” (formerly called an Exchange) where individuals and small employers can purchase health insurance policies. People who have health coverage through employment or through a government program (such as Medicare, Medicaid or others) are not required to buy insurance in a Marketplace. This article explains the Individual Mandate, Subsidies, and the Medicaid Expansion provisions of the PPACA.

This Article has been updated from the previous version from 10/23/2013.

PDF to the full article: Basics of Individual Mandate 5-30-14