IRS Issues Guidance On Mandate Exemptions In Service Areas With No Bronze Plans

The IRS in recent guidance explains that individuals living in areas in which no bronze-level plans are offered can request a hardship exemption from the Affordable Care Act's individual mandate if the lowest cost plan in that region, which would generally be a silver-level plan, is unaffordable. The Affordable Care Act requires Americans to either purchase coverage or pay a penalty, but allows people to claim an exemption if the lowest cost plan in their service is more than a...