The IRS has issued final regulations on Internal Revenue Code (Code) section 5000A, the individual shared responsibility provision. Pursuant to Code section 5000A, generally all individuals are required to maintain "minimum essential coverage" or pay a penalty. The final regulations largely finalize the proposed regulations issued in February with a few clarifications. For example, the final regulations clarify that an individual eligible for continuation or retiree coverage because of a relationship to a former employee is treated in the same manner as the former employee. That is, the individual is considered eligible for the continuation or retiree coverage only if the individual enrolls in the coverage. Additionally, the final regulations provide that a plan offered to an employee on behalf of an employer (such as a plan offered by multiemployer plan, professional employer organization or leasing company) is an eligible employer-sponsored plan.