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.
The ACA play-or-pay penalties are lower than the cost of providing health benefits, and low-wage workers could use the ACAâs new premium tax credits to buy insurance in the individual market. Some people believe that many employers will stop offering coverage and pay the penalties.any firms are already contributing much more than $3,000 per worker for health coverage and would have little reason to modify their arrangements to avoid the penalty. However, there are exceptions: in 2010, the average total premium for single coverage was $5,049, and employers contributed an average 81 per-cent.