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.
It starts at $95 per person or 1% of income in 2014; rises to $325 or 2% of income in 2015; then increases to $695 per adult or 2.5% of income in 2016. Thereafter, the penalty will be adjusted for inflation. Someone who lacks coverage for only part of the year would only pay part of the penalty.