Life & Health Insurance/Insurance Under ACA


My employer has always self-insured the employees. Since I retired, this arrangement has continued. There is no insurance
policy, but there are some co-pays and deductibles. My question is, are people in my category considered insured when insurance coverage must be in place this year, 2015?

Hello, Fran:

Self-insured plans, for the most part, are immune to the benefit requirements and taxes of the Patient Protection and Affordable Care Act, (Obamacare.) Because you have an employer sponsored plan, even though it is a self-insured plan, in the eyes of the IRS it is considered creditable coverage, and you will not be taxed/penalized.

Life & Health Insurance

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Michael Higgins


All questions pertaining to health insurance, whether group, individual/family, student, child-only, COBRA, HIPAA, Portability, dental. No expert knowledge in areas such as life insurance, disability, workman's compensation, auto, etc.


34 years as owner of health insurance agency, primarily dealing with Blue Cross Blue Shield of Arizona.

College, Business Administration.

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