By changing many of the rules traditionally applicable to health insurance and imposing healthcare-related requirements on virtually every individual, the Patient Protection and Affordable Care Act (PPACA) is likely to affect virtually every person in the United States in some way. 

The Patient Protection and Affordable Care Act (PPACA) imposes various tax increases in order to generate revenue and uses a carrot-and-stick approach to ensure individuals comply with its provisions by offering tax credits for compliance and, until 2019, by imposing tax penalties for non-compliance. 

Learning Objectives:

• List the principal healthcare provisions of the PPACA affecting individuals


• Identify those individuals who may be exempt from the individual mandate


• Calculate the tax credits designed to help ensure that individuals are able to purchase and maintain health insurance coverage