Where else have you heard of a business doing that? If the parent makes the election, the child is treated as having no gross income for the taxable year. Michael Raanan of Landmark Tax Group allayed my fears spending the rest of my senior years paying my tax debt. Medicaid who are not also enrolled in services providing minimum essential coverage be granted a hardship exemption from the shared responsibility payment. Medicaid premium assistance programs function as a service delivery mechanism for benefits covered under the Medicaid program and do not solely supplement a private health insurance plan.