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.
Eliminating the individual mandate by itself likely will result in a significant increase in premiums, which would in turn substantially increase the number of uninsured Americans. Related: Individual mandate repeal to be included in Senate's tax bill The penalty for not having health coverage in 2017 is $695 per adult and $347.50 per child, or 2.5% of one's household income, whichever is greater.