Accounting Perspectives

Experts in thefield of accounting shares insights and information of interest to business owners.

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The Individual Shared Responsibility provision of the Affordable Care Act (ACA) or what will it cost me if I do not get health insurance?

The Affordable Care Act (ACA) also known as Obama Care is causing a lot of concerns with individuals who are now required to purchase health insurance by March 31, 2014 or face a penalty. 

I wanted to be ready when clients began to contact me about the penalty. So I started doing my homework. I discovered that there is a lot of confusion regarding the amount of the penalty and how it will be collected.

The Individual Shared Responsibility provision of the Affordable Care Act (ACA) or what will it cost me if I do not get health insurance?

The Affordable Care Act (ACA) also known as Obama Care is causing a lot of concerns with individuals who are now required to purchase health insurance by March 31, 2014 or face a penalty. 

I wanted to be ready when clients began to contact me about the penalty. So I started doing my homework. I discovered that there is a lot of confusion regarding the amount of the penalty and how it will be collected.

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  • Anthony M. Mazzo's picture