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IRS: Educational Information on Individual Shared Responsibility Reporting

Friday, 01 April 2016 / Published in Newsroom, Regulatory

The IRS released individual information on Shared Responsibility Reporting. The individual responsibility provision of the Affordable Care Act requires plan members and their dependents to have qualifying health coverage, also known as minimum essential coverage. Most plan members have minimum essential coverage for an entire year and will simply need to check a box on their income tax return.

Tagged under: ACA, Filings, Healthcare Reform, Obamacare, PPACA

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