NVPCA works collaboratively with the Community Health Centers and other community organizations who conduct outreach and education on health insurance and the Affordable Care Act (ACA). Community Health Centers provide direct enrollment services and Medicaid assistance referrals to uninsured Nevadans.
11.4 Million Americans signed up for 2015 Coverage thanks to Navigators, enrollment assisters, brokers and volunteers who worked diligently to educate and assist the public with obtaining affordable health insurance!
ACA Tax Penalties and Exemptions
Effective January 2014, The Affordable Care Act requires all U.S. Citizens or legal residents to obtain health insurance that meets minimum essential coverage standards. An Individual Shared Responsibility payment (tax penalty) will be required with your tax return if you (or any of your dependents) do not obtain and maintain coverage and do not qualify for an exemption. The fees will increase annually as depicted above.
You may be exempt from the tax penalty if you belong to one of these groups:
- Have no affordable coverage options because the minimum amount you must pay for the annual premiums is more than 8% of your household income
- Religious Objections (only applies to certain faiths)
- Members of Native American tribes
- Undocumented immigrants
- Incarcerated individuals
- Have a gap in coverage for less than 3 consecutive months, or
- If your income is below the tax filing threshold
A Special Hardship Exemption
A special hardship exemption applies to individuals who purchase their insurance through the Marketplace during the initial enrollment period for 2014 but due to the enrollment process have a coverage gap at the beginning of 2014. Visit the IRS ACA page to learn more!
Obtaining Minimum Essential Coverage
HRSA & IRS Slides: 2014 Reporting Health Insurance Coverage for Individuals and Families (Nov. 19, 2014)