Many Americans are not sure how they are affected by the requirement have insurance. Under the Affordable Care Act (ACA), most people have health insurance to the need not to pay "single shared responsibility payment." Although the Americans have health insurance in 2014, are required to be exempt from paying a lot.
no confusion about the individual joint responsibility providing exceptions for clarification, the Internal Revenue Service, a one-page publication with information on exemptions from the provision released and where to get them.
each shared responsibility payment
If an individual health insurance to buy the precipitates qualifies as minimum coverage, and qualify for an exemption not come into question, they will pay each shared responsibility payment. The fee will be calculated in two ways, and the individual is required to pay, whichever is higher:
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One percent of annual household income: the maximum penalty is the national average premium costs. for a bronze plan
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$ 95 per adult and $ 47.50 per child under 18 years. the maximum family penalty $ 285
, the penalty will increase each year:
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In 2015, the fine of 2% of annual income, or 325 $ per adult
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In 2016 the punishment. be 2.5% of annual income, or $ 695 per adult.
When a person part of the year is not insured, applies 1/12 the annual fee, every month they are not insured. However, if an individual has a short gap of less than three consecutive months, they are exempt from the penalty.
Exceptions to the individual shared responsibility payment
A recent analysis of the Congressional Budget Office (CBO) finds that 87 percent of are not insured not the fee in 2016 will end up paying after analysis of CBO, there are 30 million uninsured Americans, yet only four million are expected to pay the fee to control time.
the reason: several exceptions to this fee, including "emergency exceptions," there are affordability exceptions, membership in a federally recognized tribe, membership in a recognized health-sharing service, and an annual income below the to make tax filing level.
In addition, individuals may qualify payment for an exemption from the individual joint responsibility, if they are not insured for a short gap to get less than three months of the year or unable coverage that is less than 8 could cost% of household income
Read more about the liberation of the responsibility each joint payment here.
exceptions for payment may be obtained through the marketplace or the Internal Revenue Service, depending on the nature of the exemption either. The IRS 'Single shared responsibility Exceptions table below shows where the different types of exceptions to obtain 
Chart Source :. IRS
Questions about each Shared Responsibility provision or exceptions? Leave a comment below.
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