The individual shared responsibility provision requires you and each member of your family to have basic health coverage – also known as minimum essential coverage – qualify for a health coverage exemption, or make an individual shared responsibility payment for months without coverage or an exemption when you file your federal income tax return.
Many people already have minimum essential coverage. If you do, you’ll simply report your coverage when you file your 2016 tax return in 2017. If you and your family members all had minimum essential coverage for each month of the tax year, you will indicate this on your tax return by checking a box on Form 1040, 1040A or 1040EZ. No further action is required.
If you do have health coverage, you’ll receive one or more forms early next year about the health care coverage that you had or were offered during 2016. You should not attach any of these forms to your tax return but should keep them with your tax records.
Here are some examples of coverage that qualify as minimum essential coverage:
Individual health coverage:
Coverage under government-sponsored programs:
U.S. citizens, who are residents of a foreign country for an entire year, and residents of U.S. territories, are considered to have minimum essential coverage for the year.
For a list of the types of coverage that qualify as minimum essential coverage and information on those that do not qualify – as well as information on certain coverage that may provide limited benefits – visit the MEC page on IRS.gov/aca.
If you need health coverage, visit HealthCare.gov to learn about health insurance options that are available for you and your family, how to purchase health insurance, and how you might qualify to get financial assistance with the cost of insurance.