Part II: Exemptions
In this webinar, Tara Straw, Senior Health Policy Analyst at CBPP, focuses on exemptions from the individual shared responsibility payment (also known as the tax penalty) for failing to maintain health insurance coverage.
This is the second session in a new webinar series titled “ACA: Everything You Need to Know.” The series is designed to help VITA sites and outreach partners prepare for the tax season.
Presentation Slides
View slide deck.
Please note that the slide deck has been updated to include a new exemption regarding individuals who are ineligible for Medicaid based on a state decision not to expand Medicaid. The video has not been updated.
Watch the Webinar
Exemptions
What is minimum essential coverage (MEC)?
Who needs an exemption? (video)
Form 8965 (video)
– Exemptions granted by the Marketplace
– Exemptions for the entire household
– Exemptions for individuals
Types of exemptions (video)
Exemptions for the Household
Income below the tax filing threshold
Exemptions for Individuals
Exemptions for individuals claimed on the return
Code C: U.S. citizens living abroad and certain noncitizens (video)
Code B: Short coverage gap (video)
Code G: Coverage gap prior to obtaining MEC that is effective by May 1, 2014 (video)
Code H: Non-calendar year employer-sponsored plan (video)
Exemptions for particular individuals (video)
Code H: Limited Benefit Medicaid and TRICARE (video)
Code A: Coverage is unaffordable (video)
– Example: Affordability exemption (video)
Exemption: Aggregate Cost of Coverage (video)
Marketplace Exemptions
Why apply through the Marketplace?
Marketplace exemptions: Hardship (video)
– Ineligible for Medicaid based on state decision not to expand (video)
– Applying for a hardship exemption (video)
Additional Resources
- Downloadable PowerPoint presentation slides | PPT slides
- ACA: Everything You Need to Know Webinar Series | Learn more
- Affordable Care Act Survival Kit | View kit
- The Tax Preparer’s Guide to the Affordable Care Act | View guide
- CBPP’s National Tax Credit Outreach Campaign | eitcoutreach.org
