Affordable Care Act The Patient Protection and Affordable Care Act, Public Law 111-148, and the Health Care and Education Reconciliation Act of 2010, require all citizens to maintain minimum essential health coverage (MEC) for themselves and all dependents they may claim on their tax return. Effective 1 January 2014, individuals who fail to maintain coverage will be assessed a monetary penalty when they file their Federal tax return, unless they qualify for an exemption. Health insurance coverage under programs such as Federal Health Benefits (including Temporary Continuation of Coverage), Medicare, TRICARE, and Children’s Health Insurance Program meets the MEC requirement. For following links provide additional information on Affordable Care Act requirements: opm.gov/healthcare-insurance/special-initiatives/health-care-reform chcoc.gov/files/the-affordable-care-act-and-the-federal-employees-health-benefit-program-questions-answers.pdf https://healthcare.gov/ For more information, please contact your local Human Resources Office.
Posted on: Fri, 20 Sep 2013 12:49:22 +0000
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