These plans do not meet Minimum Essential Coverage requirements. Starting in 2014, you may need to pay a tax penalty depending upon your income level and the cost of plans available.What is the tax penalty?For those who are not exempt from the tax penalty, it will be the greater of $95 per individual ($285 for a family), or one percent of your income, for 2014. See if a tax penalty applies to your situation.
© 2004 - 2015
Assurant, Inc. All rights reserved. Assurant
Health is the brand name for products underwritten and issued by Time Insurance
Company, John Alden Life Insurance Company and Union Security Insurance
Policy | Rights & Responsibilities