If you don't have qualifying health coverage, you must pay a penalty known as the individual shared responsibility payment.
For 2016, the penalty is 2.5% of your household income or $695 per adult — whichever is higher.
So if you don’t have health insurance, you have to spend money on a penalty — and pay for all of your health care yourself.
Ready to obtain the right health insurance? Check your eligibility for free or low cost health insurance through the marketplace in 4 simple steps...