The fee for not having coverage is increasing again this year. If you go without health coverage in 2016, the fee you’ll have to pay next year will increase to $695 or 2.5 percent of your income — whichever is higher.
The fees for not having coverage each year is increasing. The penalty for 2015 is $325 per adult or 2% of household income.
The good news is Open Enrollment for 2016 coverage is happening now and runs through January 31. If you still need coverage and want to avoid paying a fee next year, you must sign up for coverage before January 31.
Please give us a call and we will show you your options. We strive to “fit” your needs and your budget.
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