The ACA’s requirements for penalty exemptions for HCSM members were outlined inSection 1501 of the law.
To be clear, HCSMs sometimes provide excellent coverage of large medical claims.
But there’s a reason for that.
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Internal Revenue Service.Questions and Answers on the Individual Shared Responsibility Provision.
The Commonwealth Fund.Health Care Sharing Ministries: What Are the Risks to Consumers and Insurance Markets?
Healthinsurance.org.Insider’s Guide to Obamacare’s Special Enrollment.
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healthinsurance.org.How Will the Inflation Reduction Act Help Marketplace Enrollees?August 5, 2022.
Colorado Department of Regulatory Agencies.First Annual Report on Health Care Sharing Plans and Arrangements from Colorado Division of Insurance.
May 12, 2023.
Fierce Healthcare.Faith-based coverage could threaten ACA stability.
