Front cover of Electrolux Factory News from November 25, 1944. A graphic representing the Army Navy E Pennant is to the left of the publication title. It recognized the contribution to war production by the factory and its employees. The pennant was also flown above the facility.
The penalty tax for going without health insurance by year is: 1  2014 insurance penalty fee: $95 per person. 2  2015 insurance penalty fee: $325 per person. 3  2016 insurance penalty fee: 2.5% of income or $695 per person or whichever is higher.
Taxpayers who lack health insurance are subject to penalties only if health insurance is deemed affordable. The penalties vary depending upon your income, age and family size, however, there is no penalty for individuals with income at or below 150% of the federal poverty level. See the guidelines regarding the tax penalties for not having health insurance.