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Zane Benefits Publishes New Information on the Individual Health Insurance Mandate Tax Penalty
Date:2/8/2013

Park City, Utah (PRWEB) February 08, 2013

Today, Zane Benefits, Inc. published new information on the Individual Health Insurance Mandate Tax Penalty. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement accounts.

According to Zane Benefits’ website, beginning in 2014, the Affordable Care Act includes a mandate for most individuals to have health insurance. If an individual fails to meet the requirements of the mandate, he or she will be required to pay a tax penalty. Specifically, the individual mandate requires individuals to maintain "minimum essential coverage" for themselves and their dependents. Here are some frequently asked questions (FAQs) about the mandate:

What is Minimum Essential Coverage?

According to Zane Benefits’ website, Minimum essential coverage is the minimum amount of health insurance coverage an applicable individual must purchase to avoid paying the penalty.

What Types of Coverage Qualifies as Minimum Essential Coverage?

According to Zane Benefits’ website, the following
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