2016 vs. 2017 Tax Penalty Amounts and Exemptions For Not Having Health Insurance Under ObamaCare

375 comments

President Obama’s health care reform plan, also known as ObamaCare or the Affordable Care Act, is the law of the land now which means that all Americans with an income above a certain threshold have to purchase or have health insurance. The provision referred to as the individual mandate is what legally required most US citizens and legal residents to obtain private, employer sponsored or public health insurance (through state run exchanges). Based on the most recent data available it is estimated that the majority of the US population gets health insurance through their employers while 50 million people are uninsured. The remaining consumers either buy their own private insurance or are covered by federal/state government programs, such as Medicaid and Medicare.

Here is a brief summary of the standard penalties for not having health insurance or not meeting the allowed exemptions (see table at the end of this article):

Individuals: For the 2014 tax year (reported/filed in 2015), individuals who did not have insurance would owed $95, or 1 percent of income, whichever is greater. For the 2015 tax year it rose to the greater of $325 or 2 percent of income. But the penalty for 2016 rises yet again, reaching $695, or 2.5 percent of income, whichever is greater. From 2017, the minimum tax penalty per person will rise each year with inflation.  And for children 18 and under, the minimum per-person tax is half of that for adults ($47.50).  The tax penalty is pro-rated, so that a person who is not covered for only a single month would pay 1/12th of the tax that would be due for the full year.

While the focus is on the $95 (single adult) penalty, the actual penalty may be much more for higher income people because the percentage component of the penalty comes into play. For example, a single person whose MAGI is $35,000 and elects not to have health insurance, may be liable for a penalty of $249 ($35,000 – $10,150 = $24,850 x 1% = $249).

Families: For families the 2014 health insurance non-compliance penalty was capped at $285 per family, or 1% of income, whichever is greater. In 2015 it rose to the greater of $975 or 2 percent of income. For 2016, it will jump sharply to $2,085 per family, or 2.5% of income, whichever is greater. From 2017, the penalty/tax will rise in line with inflation. The minimum amount per family is capped at triple the per-person tax, no matter how many individuals are in the taxpayer’s household. So, for example, a couple with one child over 18 (or two children age 18 or under), and no coverage, would pay a minimum of $285 in 2014, $975 in 2015 and $2,085 in 2016. And that would be the minimum no matter how many uninsured dependents a taxpayer has.

The maximum penalty (under the percentage of income criteria) is capped at the national average price of a bronze plan sold through the health insurance marketplace. For 2014 the maximum was $9,800 and is expected to rise to $12,500 in 2015 and then $13,000 in 2016.

Individuals or families who fall below income-tax filing thresholds would not owe anything or get subsides to offset health insurance costs. People who are unemployed or cannot find a policy that costs less than 8% of their modified adjusted gross income would also be exempt from penalties under the individual mandate. On the other hand, to offset the cost of providing insurance to low income households, individuals making more than $200,000 a year and couples earning above $250,000 will get additional health care taxes deducted as payroll taxes. These people are also hit with a 3.8 percent tax on investment income.

Obamacare Penalties - 2014, 2015 and 2016

Obamacare Penalties – 2014, 2015 and 2016

Expecting a health care penalty? You may qualify to have it waived. Find out now

Employers: For employers with 50 or more workers could face federal fines for not providing insurance coverage. Several of the other changes would take effect much sooner. For the current and future impacts of health insurance on employers see this article.

How Individual Health Care Coverage Will be Monitored

Employers have had to state the value of the health care benefits provided to each employee on their W-2 at the end of each year. Insurers (including employers who self-insure) that provide minimum essential coverage to any individual during a calendar year will also have to report certain health insurance coverage information to both the covered individual and the IRS. Thus, the IRS will ultimately be responsible for reporting an individuals and business’ non-compliance with purchasing health insurance.

Obamacare/Affordable Care Act Tax Forms

A number of tax payers will have more complicated tax returns this year with the need to account for health insurance coverage as part of the individual mandate of the new Affordable health care laws.

Taxpayers who get their health insurance through their employer or government sponsored programs like Medicare or Medicaid, which will be the majority, will be able to prove their compliance via their tax filing by check a box on their normal tax (1040 series) return validating they had insurance. But those who bought insurance on the health insurance exchanges with the help of federal subsidies will receive a form 1095-A detailed their coverage and have to reconcile their payments with their income level.  HealthCare.gov, the federal exchange that serves 37 states, started to mail out 1095-A forms to customers said all forms should be mailed out by the end of January. This end of month deadline is also the same for state-run exchanges

Those who failed to report raises or bonuses to their respective health exchanges may have to pay back some amount of subsidy for purchasing health insurance via these exchanges. This may require them to complete additional forms (Form 8965 or 8962) to claim exemptions and determine the allowed premium tax credit.

Checking if you have the minimum essential coverage to meet the individual mandate

Minimum Essential Coverage under ObamacareThe IRS has provided details on what constitutes coverage under the new health care laws. If you meet this coverage you won’t face penalties.

There are also certain allowed exemptions from the individual mandate that include items like

  • Being uninsured for less than 3 months of the year
  • The lowest-priced coverage available to you would cost more than 8% of your household income
  • You don’t have to file a tax return because your income is too low
  • You’re a member of a recognized religious sect with religious objections to insurance, including Social Security and Medicare
  • You’re incarcerated (either detained or jailed), and not being held pending disposition of charges
  • You’re not lawfully present in the U.S.
  • You qualify for a hardship exemption (homeless, evicted in the past 6 months, received a shut-off notice from a utility company etc)

But you will need to show evidence for these in your tax return (Form 8965) with your tax return.  when claiming the exemption and the IRS will be checking these quite thoroughly.

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375 Comments on "2016 vs. 2017 Tax Penalty Amounts and Exemptions For Not Having Health Insurance Under ObamaCare"


Mark
Friday 1:24 pm
Question for a tax professional…What is the 2017 penalty amount going to be if 1) Filing Joint (only husband and wife) 2) Wife does not have a job 3) Husband does work, but his employer pays for his health-care, but not hers 4) Husband cannot afford to add her to the policy. What will the penalty be for 1 of the ‘Joints’ to not have coverage. Plus, is filing joint considered “Family” when figuring Non Health Insurance Tax Penalty assessment???? I mean holy S**t more than $2000 for a family that doesn’t carry health insurance!?!?!? You’re right Darlene, Extortion by HIGHLY organized Criminals that is worse than the Mafia…and LESS transparent if you can believe that! I hear of people going to places like South America to have PLANNED surgeries/procedures done and they still only pay about 1/2 what it would cost here WITH insurance…not only that, but the health-care… Read more »
Stephen
Tuesday 11:39 am

Obamacare passed into law when both the Senate and the House of Respresentatives were controlled by the Democratic Party. No member of the Republican Party voted in favor of Obamacare. Not…One…Republican…Voted…for…Obamacare.

Darlene
Wednesday 2:13 pm
Yes, I will be voting republican this year.. I am an independent, but I did vote for Obama and was all for Obamacare until I found out that we are getting raped by the insurance companies. They should have put a cap on the insurance costs so we COULD get affordable healthcare. It was not only Obama but the whole congress party( majority Republican) that change and voted for this BS. And yes, this is extortion by organized criminals(worse than the Mafia), in my opinion. My husband lost his job back in 2008 and I did without insurance for over 4 years because of house payments and bills and food that were priority. He is working now and I am losing my job. My utility and insurance bills have gone up so it will be even harder to pay for medical insurance. I really don’t know where the money will… Read more »
Stephen
Tuesday 11:18 am

No republican voted in favor of obamacare. The bill passed in 2010 when democrats were in control of the senate and house of respresentatives. No republican…not one.

Dr Who
Wednesday 4:31 pm

Wish “Obamacare” would be called what it really is; “Extortion-Care” …. no public option, no choice other than the criminal insurance industry …

Sharon
Tuesday 4:29 pm

I had been receiving free care but when I went to have my tax done the preparing took 85.00 from my return. Was that right?

Renee
Friday 8:49 am

Yes, it is right because you have a choice to either do it yourself or pay someone to do it for you, unile Obamacare you are forced to get it or pay a penalty…. That’s called extortion

KATRYNAH
Thursday 1:21 pm

Same boat

Nehara
Friday 1:25 pm

Pretty soon, we will be penalized for not taking shower everyday… water companies will prove this.

Nehara
Friday 1:21 pm

This is not fair at all. Why do I have to get penalized just because I do not have insurance? I am healthy. I take care of my self. I exercise. I eat healthy food. I don’t smoke. I don’t drink. What do I need insurance for? I have always liked Obama but because of this, but I wont be voting for Democrats this year to get this crazy thing repealed.

Jeff
Sunday 3:18 pm

So you don’t have fire insurance on your house or apartment because you are ‘so careful with fire’? That makes no freaking sense. As a society, we decided that if you happen to get really sick or get in a bad accident (yes it happens to people who exercise and eat healthy food), we are not going to leave you to die on the street. You’ll get coverage. And for that, you must pay into the system. Move to Somalia if you like your ‘freedom’ so much. It’s very free there. Pretty much no government at all.

Natalie
Monday 5:29 pm

Same here. So much for “freedom”. I really hope that next president will revoke this nonsense! And it’s not healthcare — it’s sick care that healthy people don’t need!!!

A.Edgar Allen
Monday 12:58 pm

Did you pay attention in history or political science? Presidents cannot “revoke” laws passed by Congress (and not later vetoed). Once it has become law, as with the Affordable Care Act, only Congress can undo it.

And a question for you — if healthy people are seriously hurt in a car accident, who pays for their treatment?

Jay
Sunday 12:44 pm

I lost my job in July 2015 so I lost my coverage because it was paid for by the my job and when I tried to apply for a new health insurance I was told its late now and i can only do so starting in 1/1/16. Am I going to get penalized for not having insurance for the rest of 2015?

Chrissy
Monday 9:56 pm

Loss of health insurance because of loss of job qualifies you to get insurance through obamacare without waiting.

Leigh Ann
Monday 11:09 am

I’m in the same boat.

Judy
Friday 1:57 pm

I have always voted democratic, however, this year because of the penalties obamacare has put on the working class, I will vote republican in order to get obamacare repealed. I will just hope that the powers that be will have some kind of control over crazy ideas.
Us American people should have paid better attention to the obamacare issues, but, when you are working 2 jobs and have a family to raise, there is very little time left, which our government knows.

Obama Sucks
Tuesday 3:26 pm

BS!! I guarantee you waste many hours each and every week watching ignorant, mindless TV shows, so because of lazy scumbags like YOU that didn’t bother to research this fraudulent Act or to listen to those of us that DID, now the rest of us have to suffer for YOUR stupidity, and slothful laziness. Suck it up. YOU put us here, sh!t-stain.

Natalie
Monday 5:36 pm

I never voted for democrats because they support big corporations (big greedy insurance companies in this case) and “choke” small businesses like mine. Now this spread out on everyone :(

Lisa P.
Thursday 4:19 pm

Unfortunately, with all the red tape, I’m liable to be dead before ObamaCare is repealed. :-(

David
Tuesday 10:41 am

Anyone know what happens if you have one child over 18 that does not carry insurance because his paternal father did not do it? Should you just let him claim himself going forward to avoid paying fine on entire households income?

Kathy
Tuesday 11:16 pm
I am exactly in that situation. My adult son had some medical problems so he had been out of work and I’ve been supporting him AND paying medical bills for several years. Here is the catch 22…… he has NO income,, so when he tried to get Obama care they told him to try for Medicaid.. then Medicaid wants to know what I make and says he doesn’t qualify– I cannot afford to buy insurance for him– they send us round and round,,, Last year I paid out of pocket 26,000 for surgery he needed( I took it out of my retirement savings–I am currently retired).. I claimed him because of this and granted it helped my taxes to declare him, but I had to pay 982 dollars for his not having insurance. This year same thing— I paid several thousand in doctor bills.. he still can’t get insurance– I… Read more »
Renee
Friday 8:52 am

You qualify for an exemption… Do yourself a favor and make sure you do that…

Peter
Thursday 4:58 pm

You needed to go another way. Coverage for him could have been received under the ACA with discounts but only if you talk with someone that knows the law. Let me know if you want to know more.

Veronica
Friday 1:14 pm

I agree I get penalized for paying cash for mine and my son’s Dr. Visits! And now I have to pay a fine in top of that!

sly
Thursday 6:55 am

Just got my taxes done on Sunday was the irs took $ 899 dollars from my money for health care reform .

Kevin
Wednesday 7:45 pm

I was penalized like 270$ for only having health Insurance for six months of the year. So stupid! What happened to only getting penalized for not having it at all.

brad
Wednesday 12:33 am

Hi, I work as a union laborer. I was sent a letter in the mail stating I was covered for 8 months. Do I just pay for the 4 months that I wasn’t covered?

Nehara
Friday 1:22 pm

I believe so…

CMW
Tuesday 5:50 pm

obamacare is a socialist program. How dare he make Americans pay NOT to have health insurance. Thankfully, this socialist, enemy coddling , capitalism hating, America hating (and I could go on) will be gone soon. He’s done nothing but ruin the Country I love. Now we must defeat ole Hillary so obamacare can be repealed and our right to bear arms is protected; & lets not forget how our Troops have suffered between their pay/benefits and they do not have what they need to do their job. Obamacare & welfare are growing, while SS recipients received no raise in benefits. People pay into SS, taxpayers pay for welfare for lazy people and illegals; ultimately, Obama has screwed hard working Americans. Repeal obamacare!! God bless America & Our Brave Troops

LogicalJames
Friday 1:27 pm

No, Obamacare is a facist program. All these billions are not going to the government, they are going to the private health insurance companies. The problem is that people keep confusing health CARE with health INSURANCE, two very different things. The corporate owned government forced this on us so that billions of our tax dollars are transferred directly to the giant heath insurance companies. And don’t forget, John Roberts, a republican appointee, is solely responsible for this monstrosity not being ruled unconstitutional because of the evil mandate, which he ruled to be a tax rather than a what it is, a penalty.

Stephen
Tuesday 11:24 am

John Roberts is leaving it up to “the people” to decide. Vote For Trump if you want obamacare repealed

Debbie
Friday 2:21 pm

Wouldn’t it be cheaper to just pay the fine?

Nehara
Friday 1:24 pm

It’s cheaper but still the idea of being penalized just because you did not but an insurance, that’s what is not acceptable. Pretty soon, we will be penalized for not taking a shower everyday.

Illyrian321
Monday 11:14 am

Hay B O (Barack Obama) your insurance sucks to expensive and covers nothing by the time you reached the deductible your broke. We people need to show these heartless people who the boss is .

MNematova
Monday 10:44 am

I did say the same thing ..ppl with preexisting health condition attacked me big time! Im like really??? I recently joined HealthCareMinistry..Sharing program…better donate money for a good cause then to this moron..or to whoever who doesn’t want to work and get free health insurance…nuh…..Ok. So he did what he did I guess…but why make the premiums and deductibles go so high?????? 12k for an individual and 350$ premium…WTF? middle working class can’t not afford that! He aimed this on lower income class…so they would get off free…all for votes! what country we live in!

jp
Sunday 1:03 pm

Hard working Americans hate obamacare !!! We need to get rid of it

Ana
Sunday 2:47 am

I’m sickened by the change in Obamacare from 2015 to 2016! Shame on the bastards that even came up with Obamacare. So many lives have been affected by this. We now need to decide which bills can wait and which ones need to be paid, how we will be able to pay rents, mortgages, cars, insurance..etc… to accommodate for this “Jokeomacare! Nice for the rich and government officials that don’t have a worry in the world. My family and I will be going “solo” in 2016. Bring on the fines. I will not pay into this bullshit system. I pray that Obamacare is repealed and replaced with a more suitable plan and that it happens very quick.

Renee
Friday 8:54 am

And next year the fines are even more….. EXTORTION at its finest

RC
Friday 9:19 pm

Why in the world is health insurance being funneled through the workplace in the US??? Auto insurance is not done like this. This is TERRIBLE for businesses and also gives larger companies an unfair advantage by creating higher costs percentage wise on the smaller businesses. Why should someone working at a larger company having cheaper insurance than someone at a smaller company. Again no sense at all. It also creates a massive amount of paperwork that slows down company operations.

Take businesses out of the health insurance equation! Keep the insurance markets unsubsidized and have it be individual point of sale.

Duke
Friday 12:13 pm

This is Bull, ObamaCare is the biggest joke of this country I have ever seen. This so called President OBAMA has done nothing for the American hard working people. It is bull when working people have to put out over 5000.00 or more a year for Medical Insurance that pays not a dam thing until you meet high deductibles. Look you worse president of american history, if you wanted to raise taxes you should had just raised them. Better yet you want to do something good, resign.

Goodbye Obama
Thursday 10:26 pm

Obama, its easy to force people to pay for something when it doesn’t effect your pocket. Lord knows you don’t have to pay for you health insurance. Middle class suffers from your bullshit and executive orders. I can’t wait until we get another president in there to whipe out all of your bullshit “Obamadontcare about middle class” plans. You gave it a good run but it seems like your final stretch and decisions are becoming less and less impressive.

Candy
Thursday 8:44 pm

Obama should not have been ever put in office..he’s costing more than helping

Ken
Thursday 4:26 pm

So do u only get charge fee per month u don’t have it or by the dead line even if I get it in February would I still b charged the whole fee

Rob
Thursday 12:55 pm

If I had insurance starting on 2-4-2015 will I still pay a fine?

andy
Thursday 11:44 am

you would be liable for 1/12 of the penalty as it is prorated assuming you keep your coverage from Feb through end of year.

Jim
Thursday 11:09 am

If 8%of my yearly income cannot afford the lowest priced plan am I Exempted? Does that mean If the lowest priced plan costs $8000 yearly and my income is $99500 yearly I am exempt from the fine?

Kenneth Massey
Wednesday 10:47 pm

The only insurance I can get that is covered by the AHCA is well over the 8% of my houshold income.

jess
Wednesday 8:30 pm

just curious but how are families who cant afford healthcare going to beable to afford a 2 thusand dollar penlty??? doesnt make alot of sense

Mitchell
Wednesday 6:52 pm

They will get it deducted from their return.

Tyler
Wednesday 1:22 pm

So if i get health insurance now, would i still be fined the 695 for not having it last year?

Bree
Tuesday 2:01 am

I just got penalized and I have insurance!!! My tax lady told me since I made 30,000 this year and only payed 104.00$ a month I am receiving a 750.00$ fine because the government feels I should be paying 170.00$ a month! This is all bullshit!

Scott
Wednesday 3:32 pm

That is simple, when you initially signed up for the plan, you were asked if you want to take the tax credit off each month of your insurance payment, you chose to do so. At the end of year, when your actual income was higher than your estimated income that was stated on healthcare.gov, you owed back the tax credits that were overpaid. You could corrected this situation by logging back into healthcare.gov when you realized that your income would be higher and adjusted your income. It would have adjusted the remaining tax credit you were owed (which of course was less than your initial signup.

Susan
Friday 10:39 pm
Same thing happened to me 2 years in a row. I prepared my own taxes . I make the same as you . One year I paid around 120.00 a month for a silver plan , the following year I paid about $ 190.00 a month for the silver plan ( hoping to not owe in around $750.00 again). Still had to pay in around $750.00. I even made almost $1,000.00 less this past year in addition to paying in more per month and they still charged me almost exactly the same dollar amount. Both years, never even used the insurance. Wish I had never got it and just paid the fines instead. I would have thousands of dollars in my bank account that are now forever gone. I had such good insurance through my workplace before all this and my young adult children were able to be covered through… Read more »
chrystal
Friday 11:25 am

DAMN that sucks

Cyn
Monday 3:33 pm

Sadly, that is correct. You awarded a tax credit based on your income. So whatever yearly income you put when you completed your healthcare application that’s the amount that was taken until you file your taxes of course. At the end when you sign your application it lets you know that you when you file your taxes that amount will be compared to the amount entered. and if you recorded less or what you really earn, you will owe money and it comes out of your taxes. But if you recorded more than what you really make, you will be owed money and that will be added to your tax return. I’m sorry they took so much from your tax return.You should have looked into exemptions, see if you may qualify to avoid fees.

Tony
Tuesday 12:12 pm

That can’t be right. You’re either not getting all the facts or your tax lady is screwing you. What type of coverage do you have?

Denise
Friday 5:54 pm

Agreed, you need someone else doing your taxes; she is not correct.

Dennis
Wednesday 8:12 am

Denise, she is correct. This is one of the “things”, we were warned was coming and was all over the news (not so much the liberal press) over the new year.

Zee
Sunday 10:50 am

How is the penalty calculated if out of a family of four, only one parent was without insurance for the whole year? We did not qualify for subsidies, but insurance and deductibles were so expensive for just one of us and children.

Lilly
Saturday 4:59 pm

Nobody seems to understand a key reason for the trouble the world is in today. It is due to OVER POPULATION. We have TOO MANY people and not enough resources of any kind. Our fresh water resources and food supply can’t keep pace and don’t expect Health Care to keep pace. Go figure idiots. The world’s population doubled from 1910-1960, then DOUBLED AGAIN from 1960-2000. This had never happed in all of human history until after 1900. Look it up. Keep on having those babies and adding to the planets troubles! Alas nobody wants to FACE THE TRUTH!

Renee
Friday 9:00 am

YOur comment has nothing to do with the lies we were told about Obamacare, the prices or the penalties

Stephen
Tuesday 11:30 am

Lilly…bless your heart. I hope you’re too young to vote

Loyd
Sunday 12:47 am
Trouble is most folks that say that aren’t willing to give up their seat or putting another baby on board. So we really need to get answers and solutions toward dealing with a huge population..Healthcare the BEST solution is to find ways to increase the number of people educated in working in those fields perhaps paying off student loans over time for work in free clinics or finding some way of increasing the number of teachers and classes in the healthcare field- implementing high tech classses online classes testing etc to effectivly bring good teachers to a higher number of students in a shorter amount of time — In EFFECT increase supply so the cost can come down. Reduce the amounts of tort claims while possibly increasing the number getting more people damaged by negligence defect etc relief while putting that relief in more realistic amounts so that the companies… Read more »
Stacie
Friday 4:34 pm

You failed to consider the real reason for outrageous healthcare and insurance costs: greed.

Pauline
Friday 6:30 pm

How can you get health insurance if they keep telling you that you don’t qualify because you supposedly you make too much money. I make 20.000.00 a year. This is bull crap! I work and pay taxes and can’t afford health insurance. Where is out rights! We shouldn’t be made to have this.

Antonio Riojas
Thursday 5:30 pm

This is extortion by the the government

kim lynch
Wednesday 4:35 am

my son is 32 lives with me and i claim him he dont work and dont have health care ins. will i be fined for hom if o claom him

Tony
Wednesday 10:30 pm

Yes, unless you take a chance and lie, it’s as simple as checking a box, that’s what I’m going to do for my wife.

Mimi
Monday 11:46 pm

Affordable health act is anything but affordable!!! The cheapest my husband and myself can get is $781 a month!!! And the insurance is useless!! How in the world can a working family afford this?? We need change America!! We have no choice but to pay the fines for not having insurance. We can in no way pay these outrageous rates.

Tina
Tuesday 1:20 pm

Agreed Mimi!
My husband and I pay $1,068 per month but when we reach our deductible of $6,800 each we can actually use it…..useless is right! It is terrible and I can not fit it into our budget no matter how much I cut.

Tony
Sunday 12:48 am

How will the IRS know whether I had coverage in 2015 or not? What if I just lie and check the box that says I was covered? Are they really going to take the time to verify 150 million tax returns health coverage info?

Lynn
Tuesday 3:37 pm

If you are W-2’d it shows if you had health insurance or not….I agree and resent the fact we are “forced to take health insurance” that is useless and unaffordable! how they ever though this was affordable should be “forced” to pay for everyone’s health insurance……I can’t wait till Obama is out of office.

ruby
Friday 9:03 pm

Yes, the IRS will verify. You might not get penalized right away but will receive a letter by the end of the year with the fee you owe for not having insurance as well as penalties…

Rochelle
Friday 6:36 pm

Are you really going to take that chance and lie to the IRS? God speed, kid.

Ace
Thursday 4:14 pm

I’m still in shock and awe that our Congress sold us out to the insurance industry. How unamerican, selfish and duplicitous of them. My premiums tripled after Obsmacare in 2015. Now they have gone up another 25% for 2016. I can no longer afford it and will cancel coverage. Thanks Federal government.

Rich in Virginia
Sunday 11:31 am

Pre-Obamacare plan – including dental with ABCBS of Va. $401/mth with $750 deductible.
Same plan under Obamacare – $1187/mth w/o dental and $4200 deductible.
New plan under Optima first year – $529/mth and $6000 deductible/$6200 OOP
New Plan Under Optima 2nd year – $593/mth and $6250 deuctible and $6350 OOP
If you don’t have insurance, then they will fine you and hold & or use your tax refund if you get one.

A SMART PERSON would make sure that based on your income, you only pay in what you will owe or even less than what you will owe. They can’t take what they don’t have yet!

Natasha
Friday 3:17 pm

Does “Medically Needy” count as insurance according the the ACA? Meaning does it meet the minimum coverage amount or whatever?

Gerry
Friday 9:45 am

So confused do to an over sight my wife and I lost health coverage at the beginning of this year…found out in August that my coverage was dropped through my employer….I do not understand what my penatly will be we made approximately 94000 this year and in August my wife was able to get good health coverage through her employer while my employer said tough crap and left me hanging …stupid me I picked up temp insurance thinking this would cover me but discovered yesterday in the eyes of the gov i was not covered so my real question is is it gonna be like 6000 dollars for a fine or is it gonna be 2%….can I file separately taxes wise to reduce for both of us due to me only making 38000 could this reduce it ?

Sonye'
Sunday 9:48 pm

Hey Jerry, if your lapse in coverage is 3 months you will not owe a penalty and if you lost your insurance involuntarily you will not owe a penalty. Just for reference the penalty is the higher of 325 or 2% of your income with a cap of $975 per family.

Ginger
Friday 2:50 pm

You will pay for the months that there was not coverage. 1/12 of the potential yearly penalty for each month not covered. There are short term gap exemptions if she went no more than 2 months without coverage. 2015 there is a maximum penalty of 2% of your income. Goodluck.

Ace Hack
Monday 9:07 pm
America protest by not paying into the so called affordable care act system. I can no longer afford it …can you? I’m not going to pay for it. Maybe if we all quit the system they will listen? The end is nearer than when we first began. One world government will soon be upon us…think about it. You know the world is run by the richest Moby’s. They own and run the Media…TV, NEWSPAPERS, HOLLYWOOD , ECT. dare I say government ? Ya think???…everything is bought and paid for by the elite. They have always tried to portray something catastrophic going on in this world with one scare or another The Nuclear war…Natural diasters the weather changes…Terrorist’s now. It is true those things exist but they hipe up the Fear …it’s still controlled by media and money and from the few richest in the world. They will try to scare… Read more »
ALICA
Friday 2:48 pm

My insurance has rose to almost $300 a month for 2016. I cannot afford that anymore. I was barely able to pay it before at $235. So, for 2016 I won’t have any. I make just under $30000 a year. But I’m single and living on my own. It’s either have health insurance and live in bad part of town where young women shouldn’t live or live decent and have no health insurance.

Barb
Tuesday 2:45 pm
All my professional life I worked for companies that provided insurance at no cost or very little cost to me. And I was making between $55-60,000/year. In recent years, I have hit some hard times and was unemployed for more than a year because I was “overqualified”. I am now working for about half of what I was making before, no benefits at all, no holiday pay, no sick time, nothing. I have to pay rent, utilities, phone, car payment, auto and renters insurance. By the time the feds and the state take their slice of my income, I am running in the red every month. How the hell can I afford to pay $100-$200/month insurance premiums with astronomical deductibles. I have also noticed the incredible increases by the insurance companies on the deductibles and OOP limits. In this day and age, how can anyone making around $30,000/year afford that.… Read more »
RRRRRB
Wednesday 5:07 pm

Unfortunately, I’m facing the EXACT same scenario as you. My income is now half what it used to be, and I’m paying out more money than I ever have before. This “healthcare” plan will now cost me even MORE money that I DON’T have.

glo
Monday 10:20 pm

Ditto!!!!!!

Lynn
Tuesday 3:38 pm

Agreed!!!! 150%!!

Dennis
Wednesday 8:28 am
It isn’t about the “middle class”, it is about socialism for the lowest class. Many of you likely voted this moron in,,TWICE!! or didn’t vote at all. Most Americans are ignorant of the fact that their country as they knew it, is be eroded by quilt throwing PC. This bill was for nothing more than Obama’s “legacy”, pushed through by a liberal congress (not even read I might add) and his voters that will get it for free , or nearly free. Just look at the food stamp rolls and how they have doubled since the libs controlled EVERYTHING the 1st 4 years (08-12) No doubt there are a very few that honestly benefit and need this help, but it would have been cheaper for us all, if as a country, just paid for the 10-20 million that could prove the need through the system we already had. I’d rather… Read more »
karlee
Tuesday 3:06 am
Very sorry. I only wish everyone understood that this is just the beginning of what many of us knew would become a disaster. In my household, we pay hundreds of dollars to have the legally required insurance, but it covers NOTHING until we pay $10,000 or a little more. The premiums everyone must pay for that type of non coverage, coverage is a tax!!! That, my friends- is not insurance. It seems more like Mafia protection money. We have to pay money and not have coverage- or we will be penalized for not having coverage. (My apologies to the Mafia.) We’d be better off paying cash for everything. Again, I am so very sorry about your situation. I wish you blessings and good changes so that you will have the required coverage. Our premiums doubled and our deductible increased substantially. I hold the Democrats solely responsible for this mess. They… Read more »
Tim olson
Saturday 2:38 pm

The health care act is not a democratic thing the model was built around what Mitt Romany did in Massachusetts and the bill that Rand Paul introduced then it was taken from there I am not a Democrat or republican I vote for the candidate that I think fits my core believes the costs are driven by the drug companies and insurance companies until we stand up and take notice that these companies make our seniors chose between eating or buying there medicine that is the true travesty of the real problem

LouLa
Monday 3:37 pm
Here is what you people don’t understand – I think you all who are barking about health insurance premiums being not affordable — you all are the very same ones who will expect care if you get sick and will most likely default on paying your hospital or doctor bill so guess what happens? They raise taxes to take care of the deficit you create by receiving healthcare and not paying for it. Americans complain too much. Most times when people complain that they cannot afford something, it is clearly that they don’t want to pay for it. Stop whining! If you are truly that broke, the state has programs that will help subsidize, if you cannot get subsidy and they tell you, you are making too much to get help, then guess what? It is simply that this is not a priority for you. Change your priorities. Stop whining,… Read more »
Nancy
Tuesday 4:18 pm

You must have plenty of money is all I can say! It’s not priority it is survival! Americans should not be forces to buy something they can’t afford that’s the bottom line! And Obama care is a rip-off designed to make government officials richer and the working class poorer. Why don’t they live on minimum wage and try to raise a family? Their family is set for life thanks to hardworkingpeople trying to get by!! What an asshat you are to even think it is a priority.

Tracy
Sunday 6:36 am
So what about everyones situation before Obamacare? My family makes 60,000 year family of 6 , but keep in mind wven after taxes its not even that amount. We already had the badics 1 car payment 1 house mortgage payment and just reg utility bills and we skimped already on groceries , just the badics. So when obama care came into play we we coukdnt affird indurance for me it is too high at hubbys sork and through tbe exchange its like they fisnt care what peoplles situtatjkn was before So They expect is to let tbe van go bavk to bank i need my one decrnt car . Not like you can get out of a car oayment then u have bigger probkems not like I can sell my house how would i get another when its nit wirth what i paid for it 8 years ago . You… Read more »
JSmith
Thursday 6:44 pm

Maybe you should have rented your house instead of buying it? Another brain-washing that is routinely done in America: buying house is NOT a good option for a lot of people, unlike what your government and society makes you believe.

Kathy
Tuesday 11:26 pm

I HAVE insurance..always have– my adult son does not but I have paid 100 percent for ALL his medical care.. Do you really think it is fair that I be penalized 2200 for that? No one has paid for us– but apparently I am paying for other people out there somewhere..

Ranger
Saturday 11:45 pm

It’s obvious based on the comments whose paying for the insurance and who isn’t. You’re obviously not paying for it so you have NO FREAKIN’ CLUE what you’re talking about. I support a family of 6. My premium in 2015 was $2500 a month and in 2016, BCBS of NC reduced the doctors we can see and raised my monthly premium to $3100. My father-in-law thought I was lying until I showed him my bill. It’s not exactly “whiny” trying to decide whether to make my house payment or pay my health insurance bill.

Do all of us a favor and STFU. You have absolutely NO CLUE because you don’t have to pay for this BS.

Regina
Thursday 11:06 pm
I do agree with you Lou La. But have you looked at the amounts you need to make in this country to get help? We are a family of 4 I use to work so we never had this problem but I recently got hurt had major back surgery and according to my doctor I can no longer work. I’m not looking for a hand out but have 2 growing boys. I am still better off then some yes agreed I at least have a roof over my head. But a family of four has to make less then something like $28,000 a year. Tell me living on Long Island paying all these taxes how can we afford to pay these crazy prices? I agree some people just are winning like the guy who makes over $95,000 a year if you make that much you can afford it. But not… Read more »
Sis
Wednesday 8:17 pm

I pay my doctor bills my self, if I go to the hospital I pay it…but I can’t afford this high insurance. I still have to pay the dam pinalty. .
So what’s your smart ass answer to that……………I have pay
For all the iligals or refugees. .because they get everything g free

Ashley
Tuesday 9:50 am
This is so far from true its disgusting. Lets set up a quick scenario of child support.. Its not deducted from your gross income and its considered part of your income for almost every “helpful” program out there. The only assistance program I have found that takes child support into consideration is day care. So my husband pays around 6000 a year in child support. That money never enters into our household but it is considered our income. Both of our both of our car payments together are almost less then what he pays in support a month. Our rent is less. We also have no cable and straight talk phones. We receive no food stamps or other government assistance programs. We MAY qualify for a 9 dollar premium reduction a month on our insurance. We have a new baby and both work full time at decent paying jobs and… Read more »
barbK
Tuesday 11:55 am

Yes Yes Yes, life is very difficult. Try being the single parent. When I add up basic living, rent (to live in sub-stand housing), electric, car, auto insurance. And I don’t qualify for assistance. I truly don’t know what people do to dig out of these type of financial situations. There’s nothing left for food or clothing and now I’m suppose to pay for heath insurance. So what are we to do? I agree we should never be forced to consume a product especially one that only harms us and takes away our ability to provide true needs to our children and ourselves.

Mr. E
Sunday 11:21 pm
I can tell ur one that has the easy life. Someone like me who barely scrapes by every month, and truly can’t afford the extra bill, isn’t even able to get government assistance. I make just barely enough to kick me off government assistance and just barely over “shit” care act. Not to mention I do get sick and its cheaper for me to go to any other doctor than what shit care wants me to go to. When I can go to a doctor for under 75 bucks and my “insurance” wants me to pay 150+ to see a primary care doctor yeah I call it bull shit insurance and think it’s the biggest joke ever. Some people can’t afford this bull shit. My job offers insurance but its half my biweekly pay so yeah I can’t afford that either. So why don’t u put urself in our shoes… Read more »
Tracy
Tuesday 8:10 am
Not true LouLa… some of us are actually in a situation where we can’t afford it and are not eligible for subsidies. If I buy coverage at work (the kind of plan that actually covers something, the one without a $10000 deductible) it would cost my husband and I $600 per month. We don’t make much, so based on income alone we would be eligible for subsidies, but the catch is because a plan is offered at my job we can’t get subsidies. On the state exchange a plan would still cost us over $500 per month. Some people actually cannot afford to pay $6500 per year for insurance we do not need, I’d rather take the fine. And the worst part is the whole family is penalized…. my husband is not offered insurance at work so you would think he could qualify for subsidies. But no… if one person… Read more »
Tina
Monday 12:39 pm

I have worked my since I was 14 / now 56 and have gladly paid for health insurance and felt it was the right thing to do even though I rarely used it. Because my husband and I make $65,000 per year combined we do not qualify for help. We just signed up for the cheapest plan, which is all we can afford, for $924 per month. $6,800 deductible per person before they will pay anything including office visits.
This is basically a catastrophic policy with a high premium or in my opinion a tax. I do not blame Obama, I blame our government as a whole for allowing it to happen. People must stand together to oppose this….it is shameful.

Shane
Monday 1:17 pm

That is more than 8% of your income, you should be able to qualify for a true catastrophic policy outside of the network but you must file for the exemption.

Dennis
Wednesday 8:36 am

Not true Shane, “Catastrophic” plans are only available to ages 30 and under as I was told by the “exchange”, should also be in the faqs section of their website. From what I was told, these plans are geared towards low income students.

francis
Friday 7:43 pm

I have daca do I need to get me a insurance

Chelsea
Thursday 11:43 am

Does anyone know the answer to this…

I have had insurance all year. My husband and I got married in June at which time I added him to my insurance. He, however, has been unemployed all year and therefore did not have insurance prior to me adding him. Will we have to pay a penalty?

karlee
Tuesday 3:12 am

He will have to pay a portion of a penalty- for every month he did not have insurance. if he was without insurance half the year, he will have to pay 50% of the penalty. Best of luck. I hope it’s not too much.

Alan
Sunday 4:04 pm

The fact that Chelsea’s husband was unemployed prior to them getting married will not qualify him for an exemption?

Crile
Wednesday 11:13 am
It is unfathomable to me that Americans do not demand single payer or a form of it from their elected reps or throw their reps out. The US is the only one of the 16 developed nations that does not have some form of single payer HC. Is everyone else in the world out of step or are we out of our minds? Our HC outcomes are rated 37th in world, our infant death rate is the highest in the industrialized world and our HC costs are double that of any of our industrialized competitors except Israel. How’s that for a competitive disadvantage? Look up how many deaths a year are attributable to hospital mistakes. It would take a staggering amount of 747’s to drop out of the sky to approach the total. Full disclosure. Wife has a history of breast cancer. No exchanges in our state. Monthy premium w/suppliment… Read more »
Tim
Monday 8:12 pm

Those figures about USA healthcare are complete crap. Other countries ABORT all their babies and dont even try to save premie babies. We do and sometimes they dont make it.

Anyone who looks into these bullshit progressive communist claims about our health care will see how fabricated and twisted they are.

If you think you can get better heath care in 37 other countries you go for it. Its complete total bullshit.

karlee
Tuesday 3:16 am

I think it all went to heck- back in the 70’s when they started with the HMO. It has only grown more complicated. How many people do you see now before you see the doctor? We used to go to the dr, some had NO receptionists or assistants. Now, my doctor has two assistants, and two people up front before I ever see him. The paper work causes cost increases. The HIPPA laws added great burdens and expenses to our medical system. No one talks about that. We have some amazing strides and growth in the medical field, but it has been an uphill battle for the medical professionals trying to keep their heads above the demands of paper work, and managed care. We don’t need a single payer system, we need less intervention by non medical interventionists!

big
Saturday 1:03 pm

That’s because America doesn’t really care for its slaves, the powers that be only care about money and power , and how they can take it from us, .We are all slaves.NWO

mark
Wednesday 5:53 am

I have health INS, but can’t afford to use it because of the high deductables, so I don’t understand why I should keep paying for it. I would rather pay into a medical savings account, not a use it or lose it plan but a savings plan.

Jess
Saturday 7:40 pm

I think its turning into a communist government, the way they tax you for not having insurance, and give it to to people who are over here illegally. I’m voting republican this time , they say that they will get rid of this obamacare forced insurance.

mark
Sunday 12:08 pm

I will be forced to react the same way, (voting republican). Carson understands the problem, however might have to do Trump, the front runner. I’m a democrat, I don’t want Hillary. I’m way off subject, I might just not vote and see how it all turns out.

Diane
Friday 10:54 pm

No. You have to vote! Many people died for our right to vote. I agree I don’t want Hillary and I don’t see a Republican I trust, esp. loony Trump who seemed like a good man at first. Too bad he is showing that for a supposed smart business man that he is immature. Anyway. I have friends who lost jobs in the insurance field due to downsizing in their companies because of Obamacare. Also the deductibles are too high from what I read on here. Does anyone see yet any stats re: the rate of people needing medical assistance is going down due to Obamacare? I do give the credit where it is due that there are more lower income people seeking medical care. Do we have enough Drs. to care for them?

TheDudeAbides
Friday 12:28 pm

You’re not a true democrat if you’d vote for the other party, just as a Republican wouldn’t be a true Republican if he/she would vote for the other party.

If you sympathize with liberal ideas, but would vote for a Republican because the Democrats have lost touch with reality on a specific political talking point/piece of legislation, then I would have to say you’re a Realist who sympathizes with liberal principles, not a Democrat. Because to a party, what the party wants will always matter more than personal opinion.

jrj90620
Tuesday 10:35 pm

What we need are incentives for people taking better care of themselves and not using much health care.Obamacare moves in the opposite direction,incentivizing people to use more health care.Typical crazy Democrat logic.

Jack
Sunday 3:29 pm

It was and always will be a tax on the American people. I’m glad to see Obama gone next year. Hopefully things will get better for the middle class working American. It would appear that we the middle class making 40-50,000 a year maybe better off perusing a lower paying job and get on welfare. ….The whole affordable health care act is BS. It has cost me over 100.00 per month increase each year that the plan has been in affect. 2014. $258. 2015 $359 2016 $470 and this is a silver plan with tax credit. Can’t afford, so Obama you can go f… yourself . Your plan sucks. Tired of getting raped by the so called leader’s of our country.

Steve
Friday 12:26 pm

Amen! I’m canceling insurance for my family so we will be without in 2016. I’m done with the games and the BS! You can’t force me to do anything. I’ll save the money each month what is comfortable for me to save and will pay out of pocket for my kids. The med centers with nurse practitioners at walgreens and cvs are great and it’s average $45 a visit! FU Obama, you terrorist! I have NEVER put the word president before his name. Let them tax me like the commy he is for not having insurance. I will find other ways to make up the difference! We can play games too.

Shane Billings
Tuesday 12:48 pm
My insurance is going from $90/month with $5k deductible (it was a grandfathered policy) with generally fair copays, etc. to $285/month with a $6450 deductible that only provides a preventative “periodic health exam” at no charge and out of country emergency service. All else is not covered until deductible is met! Between my wife and I, this is the best plan that will cost us nearly $7k per year!! We LIVE IN A COMMUNIST nation now, thanks Barack Huessein Obama! Let in 10,000 Syrians who will get free coverage, and take the chance a few ISIS guys are in that bunch. VOTE REPUBLICAN to overturn our socialist government. What will my wife and I do, since we are self-employed? Raise our fees to our clients and stop non-essential spending such as retail purchases and dining out. Who will be hurt? The poor that this ACA was supposed to help because… Read more »
Tina
Thursday 10:54 am
I received a letter from Blue Cross (my provider) last week informing me they no longer offer a PPO plan for individual plans and would be put into an Bronze HMO plan. I reviewed the plan and it pays nothing until I meet my deductible of $4,000. Of course the premium for my husband and I is $1,200 per month……for what appears to be nothing as we use Sav-on for our prescription coverage. In the same week I received a letter from my Neurologist at UT Southwestern stating they would no longer accept any insurance on the Affordable Care Exchange. I have Multiple Sclerosis and the only doctor I really must have is my Neurologist, which has been treating me for 12 years. My brother is an insurance agent and I informed him, I will be canceling my policy so I can afford to pay my doctor bills. He agrees… Read more »
Mikel N. Toledo-Ohio
Thursday 2:18 pm
We have been a few years into this “Obama Scare” thing. Now what has happened to me personally, is that I had to buy an expensive plan from a website. I could not afford the premium, the deductible, meds, the actual bills and then co-pays. That was within the US Government system website that they call “Marketplace.” I actually got a job where the insurance premiums are included, as a service to it’s employees. I had issues before I knew could never be dealt with, due to Gov’t insurance mandated costs. These costs were much higher than I had on any self purchased insurances. I am noticing fewer companies in 2015, than were in existence earlier. Prices are going up too for co-pays, meds and tests. Face it folks, the cost never went down. We were even told be one political group that this “was a tax” and was unconstitutional.… Read more »
Tyler
Wednesday 5:23 pm

is against the law to force people to get health insurance if they don’t want it and what happened to the land of the free??

Debbie
Tuesday 10:49 am

Most everyone did not research the documents that were out there on ObamaCare, they listened to the speeches, but wasn’t paying attention to what was really being said between the lines. Government and our President deceived the people they are suppose to be working to help. IRS should never been allowed to have anything to do with Insurance. The IRS and the insurance companies are raping the American People. Without insurance I can see a doctor for $90 a visit. With insurance that I can’t use because I haven’t reach my deductible (enough to buy a good used car), I have to pay $150.00 a visit.

hmm
Wednesday 4:44 am

it became the land of the greed.

nursemom
Wednesday 6:34 pm

Doesn’t anyone wonder why the president, vice president, their families and all of our elected officials on Capital Hill are exempt from Obamacare? This in and of itself should have been a MAJOR red flag to the American people, even though we had NO say or choice in this matter. Most of the voting elected officials didn’t even read the thousands of pages of Obamacare! Why would they when it was not affecting them- and they are making WAY MORE in yearly income than any of the 2 parents/ person working households across the nation.

Kate
Saturday 1:28 am

I’m a 21 year old senior in college, I don’t have my parents around because I’m estranged from them-very complicated issues that couldn’t be worked through. For the past 8 months I’ve been paying a premium(under $80) I can afford for a plan I got off of the health care website. While I’m in school 9 months out of the year, I only stay with my boyfriend and his family during breaks. So I don’t have a solid home. I saw some of the plans available, and on a student budget, what I’m seeing is close to $200 per month (or $178 per month at lowest). I’m feeling like I won’t be able to afford insurance because my plan is being discontinued. Will I be able to get any exemptions?

Mary08
Thursday 4:57 pm

Yes, there is an exemption for ” homeless”

ALICA
Friday 2:43 pm

My insurance has rose to almost $300 a month for 2016. I cannot afford that anymore. I was barely able to pay it before. So, for 2016 I won’t have any. I make just under $30000 a year. But I’m single and living on my own.

Chris
Sunday 9:05 pm
sorry I will not pay the tax that is forced opon us! I work for my money not to just give it away! It’s one thing to make me pay a tax for buying goods but for forcing me to pay a tax if i don’t have health care sorry you government have taken it to far! I understand you want people to have health insurence and to be coverd but again to force someone to pay a tax cause they don’t have it is wrong and and not right! I say go ahead and take my money for not paying i wouldn’t sign up for your health care if you payed me too! Also i think being forced to buy something like this is sociallist health care and will not fare at all for doing it! If you want to put me in jail for not paying my tax… Read more »
Steve
Friday 1:07 pm

AMEN! I have been preaching this forever! Unfortunately they will take it out of your tax return, which we rely on to live. There are other way I will make up that money. We can play this game as well. I can’t wait for the terrorist to be out of our whitehouse! Proud to say I NEVER voted for him!

Denise
Friday 5:45 pm

AMEN brother

Maryellen
Thursday 2:41 pm

Those figures are actually the “maximum” penalty per family. I don’t like the affordable care act but I like false information even less…..

karlee
Tuesday 3:23 am

It wasn’t false, and you have to pay the higher of the two options. If 2.5% is higher that’s what you will pay. If you make 45K that penalty per person is $1125. With respect there are some “caps” but every year it goes higher and higher. This is an awful plan. Anyone who supports it does not understand how it really works.

Lisa
Wednesday 8:31 pm

My husband had health insurance on both of us through his employer. On October 1 he changed jobs, therefor, causing our insurance to expire. The new job requires a 90 day period before insurance kicks in. Will we have to pay a fee? It’s exactly 3 months without insurance.

Jerrilee
Sunday 11:48 am

You shouldn’t have to, you should qualify for the exemption if I read it right.

Victor
Wednesday 8:48 am

I was working for myself and never acquired a health care coverage. I work in the oilfield and as you all know it went bust. So I was unemployed for several months. My wife enrolled us in Medicade and we now have that. I am back to work… Again working for myself as a owner operator driving my own tractor trailer. If I keep Medicade will I get penalized? Since I make pretty good money again. Can I keep Medicare while I’m self employed?

Jerrilee
Sunday 11:50 am

Medicaid is based off income, if you are making over the cap for your household size and get caught you can be required to pay back money to Medicaid. Its a tricky game to play.

jef
Monday 6:31 pm

State Medicaid is actually based on income AND assets. Assets like bank accounts, pension plans, etc.

Sandy
Thursday 9:20 am

Will I be fined if I get insurance by October.?

Chase Allspaugh
Monday 6:26 pm

If my 26 year old still lives at home and has never had a job does he have to pay fine? We missed his special enrollment (9/1/15) due to death in family out of state. Is there any way he could get excused and call 9/8 or 9/9/15 & gey excused to meet special enrollment oor will we havep wait til November 2015 open enrollment?

lourdes
Monday 9:47 am

if you don’t have a job and don’t file taxes you would not get penalized. you could call the marketplace 1-800 318-2596 and fill out an application when you get the part income you tell them you don’t work and they will give you a code that will exempt you from the fine

Mike and Linda
Thursday 12:57 am

Also, members of a Healthcare Sharing Ministry are also exempt from the Obamacare mandate and penalties.

Harold Mudgett
Wednesday 2:49 pm

Hi, if I’m getting a divorce but will still be married at the end of the year (we have had seperated addresses for over a year) and we file “married but seperated ” will I be liable for her penalty for not having health insurance all year? I do have health insurance for myself and my kids. Thanks

karlee
Tuesday 3:26 am

If you have insurance, you will not be penalized. Check the box you have insurance and you should be fine. FYI, you may want to double check the filing status. It’s married filing separate , as in separate returns or married filing a joing return. When you file separate returns you can both end up paying higher income tax. There is not filing status for “separated” couples.

Connie
Monday 10:07 am

Can I use my Hsa account in place of health insurance and if so, what is the minimum amount I need to fund iannually?

Weldon Underwood
Thursday 5:24 pm

I had insurance through June with an employer. How much do I pay for the rest of the year and how do I show it on my tax forms?

veah
Monday 6:01 pm

I’d like to know as well. Lost my job in job in june 2015. Haven’t had insurance since:-(

karlee
Tuesday 3:28 am

If the penalty is 1200 for the year, you would pay $100 (1/12) of that penalty for every month you were without insurance. There is sometimes a few options that may wave the penalty, but I am not up to speed on those options right now. Good Luck.

Jenny Stacey
Tuesday 3:11 pm

My friend is an adult man who lives and takes care of his grandfather. His grandfather claims him as an adult dependent. He doe not work but he lives there for free and takes care of his poppop. With that said what can he do so his grandfather is not penalized under the no health insurance act. I mean his grand dad has insurance but the adult male cant afford it under the market place sense he really has no income. Any assist is helpful.

Kathy
Tuesday 11:35 pm

that is exactly my situation with my adult son– For two years we have been bounced back and forth. Obamacare sends us to Medicaid…. the minute Medicaid finds out I declare him as an adult dependent they want to know MY income. and then they want to base premiums through Obamacare based on that –and I make too much money.. I have had to pay the penalty 2 yrs in a row — this year it was 2200 dollars. I’m so disgusted I don’t know what to do….

Ben thruit
Friday 5:53 pm

He should qualify for Medicaid.

Kathy
Tuesday 11:33 pm

that is exactly my situation with my adult son– For two years we have been bounced back and forth. Obamacare sends us to Medicaid…. the minute Medicaid finds out I declare him as an adult dependent they want to know MY income. and then they want to base premiums through Obamacare based on that –and I make too much money.. I have had to pay the penalty 2 yrs in a row — this year it was 2200 dollars. I’m so disgusted I don’t know what to do….

Joyce
Wednesday 4:28 pm

I had a gap in coverage for 2014 due to operational/training/technical difficulties at the WA state health exchange. I was one of the lucky ones who was processed in only 2 1/2 months. According to someone who knows, for many it took up to 6 mos. I have been looking but don’t find an exemption code or category for this type of exception. Andy, what do you know about this? Technical difficulties at the state exchange that kept me from enrolling in a timely manner? The folks who talk to you at http://www.healthcare.gov told me I have to apply for an exemption from the state exchange only; the WASHE told me only the federal exchange at http://www.healthcare.gov can grant exemptions??

Thanks.

Brandon
Wednesday 12:45 am

Is this per months or just a flat fee for the year?

Tuesday 11:02 pm

For one reason, I can’t see all of this blog, it keeps disappearing? Are you using javascript?

sonors
Saturday 3:26 pm

Do not pay the penalty. The law is written so they can NOT charge you criminally and can NOT put a lien on you for the amount not paid. The only way they can collect is to subtract the penalty you owe from any refund or future refund you might get. Also, many people will get subsidies and wind up paying almost nothing for their policy. The subsidies are huge. $7-8 thousand a year. I do not see how this law can survive without imploding. The more lower income people that apply on the exchange, the more it is going to cost the government. The subsidies go from the federal government(taxpayers) straight to insurance companies.

Steve
Friday 1:11 pm

this really sux for those, like me, who rely on the tax money that comes back at the end of the year. My family relies on that to live on. Maybe I should claim a crazy high amount to get more each paycheck, so I wind up paying more, then if I need to pay, I will pay what I owe and never the tax on this BS so called coverage!

Help
Wednesday 7:33 am

what is the cutoff date to enroll into the health reform act

Otax Protestor
Saturday 1:11 pm

One of the ways to legally circumvent the ACA health penalty is claiming Domestic Abuse. This is the only exemption for which no paperwork or proof needs to be submitted. I wonder what happens if everyone who is liable to pay penalty under ACA, claims this same reason of domestic violence and does not pay the ocare tax. What would the consequences be?

Sara
Tuesday 11:45 am

Here’s what happens to the unemployed: for most of us, we can’t afford to pay for any coverage while we are trying to keep a roof over our heads and food on the tables. Later in the year we may find jobs, with or without insurance. But because our requirements to purchase insurance are determined by our annual incomes, if we go for more than 3 months without coverage we are subject to the fines if we do become employed . I guess the administration feels it’s better to let our mortgages go into default and pay for useless coverage than trying to keep a home and family together. It’s our Patriotic duty to become homeless!

karlee
Tuesday 3:32 am

I am very sorry. The ACA was not written with real people in mind. It was numbers and statistics. Real families, with budgets, and real life (illness, changes in employment and so forth)
are being placed into poverty and have NO coverage. Gone are the old policies we could keep, or even the opportunity to pay for our own medical expenses. Now we must pay and/or be penalized for not paying and we still have no coverage.

Steve
Friday 1:46 pm

Sara,
you got it! A president looks out for the best interest of their people. this BS tax certainly does not! It destroys the middle class from the inside. Many doctors will not accept this BS so the “you can keep your doctor” doesn’t even work. I am choosing to put food on the table for my family. This has become a double car payment tax. I will take the penalty and play the game just as well as they can to make up the difference. I’ve been looking forward to this terrorist getting out of our whitehouse since day one!

TTS
Monday 1:31 pm
If you’re unemployed and you’re receiving ‘unemployment income’, you will likely receive a federal subsidy (tax credit) to offset 75-95% of the cost of your health insurance through healthcare.gov or your particular State Exchange. If you’re unemployed and receiving NO ‘unemployment income’, you can enroll onto Medicaid very easily if your state is one of the states that has accepted Medicaid Expansion like KY, CA, AZ, AR, CO, MN, (plus many others). At the very least Medicaid is a very good stop gap, costs nothing, and has very little or no out-of-pocket should you have a claim. Both scenarios above will preclude you from paying any tax penalty. If your home state is one like TX or MS or FL or KS or TN, etc … then Medicaid likely isn’t available to you (or MUCH more difficult to get) because states like these have not accepted the Medicaid Expansion; therefore,… Read more »
Dennis
Wednesday 9:04 am

They didn’t ” accept it” because it is a similar drain on tax payers. I’d rather the country pay for the healthcare of the truly indigent and needy, rather than those that just don’t work. If you decide to stay unemployed, Why should I be mandated to pay tax premiums from my income, to pay for your choice..

Having and depending on a government to run your life, is like a dog chasing his tail.

BTW, Medicaid cost nothing?? who do you think pays for this?? The medicaid rolls have skyrocketed after Ocare, along with many other government subsidies (food stamps). The price is much higher than the mandated Tax we pay for HCA folks.

Kim
Monday 1:56 pm

We had health insurance but it only covered up to $100,000. Lost coverage. Family of 3. Make less than 30K a year. Yearly premium with $9K deductible is $7332 a year. How can I make my house payment if I have health insurance? DO NOT qualify for medicaid. Your are a genius King Putt. These numbers don’t add up to prosperity.

Rocco
Monday 8:39 pm

Holy shit what happened to us? Not one positive comment. We have to remind the people who serve us that we pay are crippling us. I can’t afford 2% or $325. Whata joke. Just call it a god dam tax why we need fancy names Ocare n Affordable care. I can’t afford nothing now I’m out $300+. Obamatax not obamacare

Mark
Saturday 9:27 pm

I can’t even get a 1095-a form . Obama heath people has screwed up my account that they can’t even fix it. All I get from them is we are sorry. This is nothing but bullshit.

mark
Saturday 9:41 am
This is illegal allowing this government to force Americans to purchase anything and causing us to suffer financial hardship. This is the result of a under taxed greedy industry using the higher powers of office to force americans to guarantee financial benefit to these crooks. This is a felony to the highest level and this supreme court is just as corrupt for enforcing . This is the first true act of socialism/communisum enforcement. These people are not fit to serve and should be removed from the supreme court and Obama should go to prison. What are these corrupt people going to enforce next, you have to buy a car, a house? Where does it end if this B S law continues. We are a free people and we have the right to choose what we want to purchase and not to be ruled by some corporate dictatorship. We don’t have… Read more »
mary
Tuesday 11:05 am

Well, said, Mark!

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