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.
Obamacare requires that most everyone have health insurance or pay a penalty-and the levy is set for a steep increase in 2015. The 2014 penalty is just $95 or 1% of income, whichever is larger. In 2015, those without insurance will pay the larger of $325 or 2% of income.That means you could end up shelling out hundreds, or even thousands, of dollars for forgoing coverage.Take a single guy earning $50,000 a year.he 2014 penalty is just $95 or 1% of income, whichever is larger. In 2015, those without insurance will pay the larger of $325 or 2% of income. That means you could end up shelling out hundreds, or even thousands, of dollars for forgoing coverage. Take a single guy earning $50,000 a year.