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If I do not buy health insurance, what happens to me?

Joane Goodroe
Nursing

Beginning January 2014, the law requires most people to have health insurance. If you do not have health insurance, there is penalty. The first year the penalty is $95 or 1 percent of the family income, whichever is greater. This fee will be collected when you file your federal income taxes. The penalty will be collected in your taxes.

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.