The fee for not having health insurance in 2016
The fee is calculated 2 different ways – as a percentage of your household income, and per person. You’ll pay whichever is higher.
Percentage of income
- 2.5% of household income
- Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace
Per person
- $695 per adult
- $347.50 per child under 18
- Maximum: $2,085
- What happens if I don't pay the fee?
- The IRS will hold back the amount of the fee from any future tax refunds. There are no liens, levies, or criminal penalties for failing to pay the fee.
