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Whether health care coverage qualifies as minimum essential coverage depends largely on the type of coverage it is. [12] Most coverage that people have is considered to be minimum essential coverage. However, coverage providing only limited benefits does not qualify as minimum essential coverage. [12]
Included in the bill was the move to change the tax penalty for not having health insurance mandated by the Affordable Care Act to zero. [60] [61] Economists said this would lower interest in obtaining health insurance coverage. [62]
Under the individual mandate provision (sometimes called a "shared responsibility requirement" or "mandatory minimum coverage requirement" [79]), individuals who are not covered by an acceptable health insurance policy will be charged an annual tax penalty of $95, or up to 1% of income over the filing minimum, [80] whichever is greater; this ...
Other experts pointed out that Trump’s plans to repeal the Affordable Care Act as well as allow individuals to stay in short-term insurance plans that often exclude mental health coverage for up ...
Still, Obamacare is not the last word in American health care reform. Since then, there have been two important improvements to Health Reimbursement Arrangements, through which companies pay ...
Japan has a universal health care system that mandates all residents have health insurance, either at work or through a local community-based insurer, but does not impose penalties on individuals for not having insurance. [5] The Japanese health ministry "tightly controls the price of health care down to the smallest detail. Every two years ...