Qualifying Health Coverage Florida
Any health insurance Plans that meets the Affordable Care Act requirement for coverage. If you have qualifying health coverage (or “minimum essential coverage” or “MEC”) you don’t have to pay the penalty for being uninsured through the 2018 plan year.
Examples: individual plans, including Marketplace plans; job-based plans; Medicare; and Medicaid & CHIP.
A more complete list of qualifying health coverage:
- Job-based plans
- Health Insurance Marketplace plans
- Most individual plans bought outside the Marketplace
- The Children’s Health Insurance Program (CHIP)
- Plans sold through the Small Business Health Insurance Program (SHOP) Marketplace
Health plans that don’t count as coverage
Some products that help pay for medical services don’t qualify. If you have only this kind of product, you may have to pay the fee for 2018 plans and earlier. Examples include:
- Coverage only for vision care or dental care
- Workers’ compensation
- Coverage only for a specific disease or condition
- Plans that offer only discounts on medical services
Short Term Health Insurance does not qualify as coverage that satisfy the ACA requirement.
Short term plans have limited health care coverage and does not cover preexisting conditions. This type of coverage provides limited health benefits and can be purchased for up to 36 months. Individuals and Families who buy this coverage must be aware that this type of plan is a limited benefit plan and does not meet the Affordable Care Act requirement for Qualifying health Coverage.
Short Term Coverage is best for individuals in between jobs, waiting for coverage to start, waiting for medicare or you missed open enrollment.