Individual shared responsibility provision

The individual shared responsibility provision,[1] less formally known as the individual mandate, was the health insurance mandate imposed on individuals by the Affordable Care Act in the United States until tax year 2019. This individual mandate required most individuals and their families to have a certain minimal amount of health insurance, with certain exemptions. Otherwise, they were required to pay the individual shared responsibility payment as a fine.[2][3] It was one of the many Affordable Care Act tax provisions. The federal tax penalty for violating the mandate was eliminated by the Tax Cuts and Jobs Act of 2017, starting in 2019.[4] (In order to pass the Senate under reconciliation rules with only 50 votes, the requirement itself is still in effect, just with the fine set to $0).[5][6][7][8]

  1. ^ "Individual Shared Responsibility Provision". www.irs.gov. Archived from the original on October 2, 2024. Retrieved February 14, 2016.
  2. ^ Andrews, Michelle (February 17, 2016). "Taxpayers Confused By Late Health Law Forms". npr.org. Archived from the original on October 2, 2024. Retrieved September 2, 2016.
  3. ^ Martin, Ray (January 4, 2016). "What you need to know about Obamacare tax forms". cbsnews.com. Archived from the original on October 2, 2024. Retrieved September 2, 2016.
  4. ^ "Individual Mandate Penalty You Pay If You Don't Have Health Insurance Coverage". HealthCare.gov. Archived from the original on October 2, 2024. Retrieved December 15, 2020.
  5. ^ "The Effect of Eliminating the Individual Mandate Penalty and the Role of Behavioral Factors". Archived from the original on July 15, 2018. Retrieved July 10, 2019.
  6. ^ Pear, Robert. “Without the Insurance Mandate, Health Care’s Future May Be in Doubt” Archived January 16, 2022, at the Wayback Machine, The New York Times (December 18, 2017).
  7. ^ Sullivan, Peter. “Senate GOP repeals ObamaCare mandate” Archived April 17, 2024, at the Wayback Machine, The Hill (December 2, 2017).
  8. ^ Jost, Timothy. "The Tax Bill And The Individual Mandate: What Happened, And What Does It Mean?" Archived January 12, 2022, at the Wayback Machine, Health Affairs (December 20, 2017).