What happens if you don't have health insurance?


Quick Answer

Those living in the United States who do not have health insurance are required to pay a fee or tax as penalty. The fee depends the income, the number of dependants and the year for which the person does not have health insurance.

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Full Answer

The fee for not having health insurance is calculated in two ways, and the individual has to pay the higher amount. For 2014, the minimum penalty is $95 for a single person with an income less that $19,500. If the income is greater, or if the person has dependants, they have to pay a greater fee subject to a ceiling. The minimum fee, the percentage of income charged and the ceiling each increase every year.

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