Health care coverage

[maryk2]

My husband had health coverage with his old job and with his new job we got our own coverage (not company provided).  There is a two week gap from the old job health care coverage and new health insurance.  If we do not pay (retroactively) the two weeks with Cobra are we subject to penalties?

[ghost · Accepted solution]

If you are covered a single day in every month, you have no gaps in coverage.

[TaxGuyBill]

As rebab said, for purposes of the penalty for not having health insurance, if you are insured for one day in a month, that is considered an "insured" month.

Also, you are allowed one 'gap' of up to 2 uninsured months, without a penalty.