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Proposal on Obamacare Minimum Coverage, Medicaid Issued by IRS

Nov. 22, 2021, 10:08 PM

Obamacare’s minimum essential coverage doesn’t include Medicaid coverage that is limited to Covid-19 testing and diagnostic services, the Internal Revenue Service proposed Monday.

Under the proposed regulation (RIN: 1545-BQ11) “minimum essential coverage,” the term used to describe Affordable Care Coverage coverage that meets that law’s qualifications, doesn’t include Medicaid coverage that is limited to Covid-19 testing and diagnostic services provided under the Families First Coronavirus Response Act.

The proposal also would automatically extend the time for health insurers, self-insured employers, and government agencies to furnish statements regarding the coverage, and an alternative method for furnishing the statements when employers ...

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