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On August 27th, the IRS submitted their ruling on the individual mandate within the Patient Protection and Affordable Care Act (PPACA), more commonly known as Obamacare. Before we dive into the ruling, let’s make sure we grasp what they are ruling on.

What is the individual mandate?

The individual mandate requires most individuals to have minimum essential coverage in 2014 or pay a penalty. The penalty is called a shared responsibility payment.... Read More

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