Individual Mandate Exemptions Finalized
Applications must be filed to support exemption requests. In general the exemptions will be in force only for the calendar year when the application is submitted.
Typically, the state health exchange will be in charge of granting certificates of exemption in the hardship and religious categories. The Internal Revenue Service, however, will exclusively handle the exemptions for illegal immigrants, individuals with household income below the tax filing threshold, individuals who cannot afford coverage, and individuals who experience a short coverage gap through the tax filing process.
The rule provides a choice to individuals for the exemptions in these categories: members of a healthcare sharing ministry, incarcerated individuals, and members of recognized Indian tribes. These exemptions could be provided either through a health insurance exchange or through the IRS.
The rule goes into effect on August 26.
Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- The 5 Biggest Healthcare Finance Trouble Spots
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Nonprofit Hospital Outlook 'Negative' in 2014
- The Most Polarizing Topics in Healthcare IT
- How CPOE Will Make Healthcare Smarter
- Why You Should Involve Patients in Nursing Handoffs
- Are ACOs Really Different from HMOs?
- Rise of the Chief Strategy Officer