Beginning with the 2014 tax year, Individuals must purchase an ACA qualified health plan or face a tax penalty. The rule says a person cannot go more than 90 days with qualified health coverage. The penalty is a flat fee or a % of income – whichever is higher!
NOTE: While an ACA plan must include the 10 essential health benefits, some plans have chosen not to embed the pediatric dental and vision into their medical plans. They must offer a dental option, but the individual is not required to take this and will not face a penalty for not having Pediatric Dental Coverage.