The fee for not having qualifying health coverage in 2015 if you don’t have coverage, you’ll pay the higher of these two amounts:

• 2% of your yearly household income (only the amount of income above the tax filing threshold, about $10,150 for an individual, is used to calculate the penalty). The maximum penalty is the national average premium for a bronze plan.
• $325 per person for the year ($162.50 per child under 18). The maximum penalty per family using this method is $975.

What if I don’t have an Obamacare policy do I still have to pay a penalty?

That depends! We can help figure out whether your specific situation makes you exempt from having to pay any penalties.

Call us and find us and find out!

843 732 0339