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.
specifically in regards to what the penalty is if you don't buy insurance (as mandated). How it's calculated (in 2016): 1  For those making less than $9,500 a year, they will pay nothing. 2  For those with incomes between $9,500 and $37,000, they will pay $695 per person (or as much as $2,100 for a family plan).3  If you earn more than $37,000, you will pay 2.5 percent of your household income less $9,500. If you earn more than $37,000, you will pay 2.5 percent of your household income less $9,500. 2  If you earn more than $200,000 or there abouts, you will pay the Bronze health insurance plan fee established through your state exchange, which will top out at about $5,000 per person (or $12,500 per family).