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NAM Published Article on ACA Health Insurance Coverage Penalty

NAM: New America Media (NAM) published an article about the ACA’s individual mandate provision which implements a tax or “penalty” to individuals who do not obtain health insurance coverage by January 1, 2014. The article highlights how penalties will be determined and financial and non-financial exclusions under the law. The penalty for not obtaining minimum coverage will be $95 per adult or 1% of an adult’s income, whichever is greater; the maximum penalty for a family is $285.