Question

Under the aca, consumers must have health insurance as of january 1, 2014 that contains minimum essential coverage. Who is exempt?

Answer 1

Answer:

The individuals with an income of less than $12,200 and married couples with an income of less than $24,400 are exempt from the ACA mandate.

Explanation:

• The United States government, in an attempt to make its citizens invest in health insurances, has introduced and implemented the Affordable Care Act (ACA) since 2010.

• This act requires individuals above 18 years of age and with an income of more than $12,200 to invest in health care insurance for themselves. The lower limit for married couples under the act is $24,400.