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.
You have to have Health Insurance in 2014 and forward. If you do not have health insurance (specifically Qualified Health Plan â QHP) you will pay a penalty (tax). The penalty for 2014 is the greater of $95 or 1% of house hold income reported on last yearâs tax statement (the penalty will increase in 2015, and 2016).