No health insurance fee

2016 Penalty fee for not having health insurance

Each year you go without coverage, the fees get higher.  The 2016 penalty fee for no health insurance is more than 2015 and 2014 was.  If you don’t have coverage in 2016, you’ll pay the higher of these two amounts:

  • 2.5% of your yearly household income

OR

  • $695 per person ($347.50 per child under 18)
  • In future years, the fee is adjusted for inflation.

How you pay the fee

You’ll pay the fee on the federal income tax return you file for the year you don’t have coverage. Most people will file their 2015 returns in early 2016.

The fees for 2014 and 2015

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