2017 - 2018 Hardship Exemption Application-2025

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The circumstance that does not qualify as a hardship exemption to obtain catastrophic coverage is religious objection to health insurance. Other factors like job loss, inability to afford insurance, and pre-existing conditions are recognized hardships.
You must claim the exemption using the Divisions NJ Insurance Mandate Coverage Exemption Application. If you qualify for an exemption, you can report it when you file your New Jersey Income Tax return (Resident Form NJ-1040) using Schedule NJ-HCC.
Hardship exemptions were granted to individuals under certain circumstances when they couldnt afford to purchase health care coverage. Individuals granted exemptions didnt have to pay the individual mandate or Shared Responsibility Payment for not having health insurance during the hardship period.
Final answer: Buying a new car does not qualify as a circumstance for a hardship exemption for obtaining catastrophic health coverage. Hardship exemptions are for uncontrollable adverse financial or living situations like bankruptcy or homelessness, not voluntary purchases.