2013年10月23日星期三

Under obamacare, what's the penalty for not getting health insurance?

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The penalty for not having health insurance, at least for 2014, is up to $95 per adult and $47.50 per child or 1 percent of your taxable income — whichever is greater. It does go up substantially in a couple of years. The amount you owe will be pro-rated to reflect the number of months you were without coverage.


If you owe the penalty, it is assessed on your 2014 income tax form that's due April 15, 2015. And that's how the government finds you — it asks on your income tax form if you had health insurance. People who have it will get some sort of certificate of coverage from their health insurers. If your income is so low that you do not file a tax return, you are exempt from paying the penalty.

Under obamacare, what's the penalty for not getting health insurance?

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