I Missed the First Obamacare Deadline, Now What?

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  • What If My Prior Plan Was Canceled?
  • Educate Yourself
  • Pick Up the Phone
  • What Happens If I Don’t Enroll?
  • Why Health Care Is Crucial
  • Yes, the December 24 Deadline Has Passed
  • Remember: You Have Until March 31
  • The Sooner the Better
  • When Does My Coverage Kick In?

What Happens If I Don’t Enroll?

The penalty right now isn’t expensive: It’s $95 per person, up to a family maximum of $285, or 1 percent of family income, whichever is the most. But by 2016, that number goes way up to $695 per person and the family max could be $2,085. The penalty will be charged to you when you file your taxes with the IRS in 2014. 

 (Photo: REUTERS/Joe Skipper)

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