The Individual Mandate for Health Insurance Coverage: In Brief
: While individuals generally aren't fined federally, "Applicable Large Employers" (50+ full-time employees) still face federal penalties if they fail to offer affordable coverage.
: Penalties are the higher of $795 per adult ($397.50 per child) or 2.5% of household income.
If you reside in one of the following jurisdictions, you may face a state tax penalty if you do not have qualifying health insurance:
: While penalties are gone federally, subsidies (Premium Tax Credits) remain available on the HealthCare.gov Marketplace to help lower monthly costs for those who choose to enroll.
The Individual Mandate for Health Insurance Coverage: In Brief
: While individuals generally aren't fined federally, "Applicable Large Employers" (50+ full-time employees) still face federal penalties if they fail to offer affordable coverage.
: Penalties are the higher of $795 per adult ($397.50 per child) or 2.5% of household income.
If you reside in one of the following jurisdictions, you may face a state tax penalty if you do not have qualifying health insurance:
: While penalties are gone federally, subsidies (Premium Tax Credits) remain available on the HealthCare.gov Marketplace to help lower monthly costs for those who choose to enroll.
In Concept is a total solution provider and system integrator found in 2004. We aim to provide a one-stop service to assist SMEs and enterprises in Hong Kong and the Greater China region to convey their business in the Internet efficiently and in an affordable price.
In Concept Technology Limited
進念科技有限公司
Room 32, 2/F, Shing Yip Ind. Bldg.,
19-21 Shing Yip Street,
Kwun Tong, Kowloon, Hong Kong 香港觀塘成業街 19-21 號成業工業大廈2樓32室