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How do you provide proof of health insurance?

You may have stayed in compliance and good health when it comes to maintaining health insurance, but the process of letting the IRS see the proof is mandatory in some cases. Tax time is what the IRS has set aside as the time to make sure everyone has maintained proper amounts of health insurance, or […]

What is the minimum value standard for health insurance?

As stated under the Affordable Care Act, a health insurance plan must meet affordability and minimum value standards in order to qualify as adequate coverage. To meet this minimum value standard, your job-based health insurance plan must pay at least 60 percent of your total medical costs. Additionally, it must provide substantial coverage for any […]

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