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What is the penalty for those who do not health insurance under the ACA?

Joane Goodroe
Nursing

Effective Jan. 1, 2014, Obamacare requires individuals who do not have insurance coverage to pay a fine. Those who don't have minimum essential coverage in 2014 will have to pay a fine of $95 or 1 percent of their household income, whichever amount is larger. The fine increases to $325 for each uninsured adult or 2 percent of household income in 2015. The penalty will be $695 per person or 2.5 percent of household income in 2016.

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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.