Thursday, December 10, 2015

Obamacare Penalty to Climb to Near $1,000

Households that don’t have health insurance in 2016 will pay on average penalty of $969, according to an analysis released by the Kaiser Family Foundation.

This will be an increase of approx. 50%.

Those who are exempt from the penalty are people whose income is below the tax threshold as well as undocumented immigrants. Those who are uninsured for less than three months won’t face the penalty, and people who are uninsured for part of the year pay a lesser penalty.

-RW

2 comments:

  1. That's still a whole lot less than actually buying insurance at these rates.

    ReplyDelete
  2. Who enforces these penalties? How do they collect?

    ReplyDelete