Starting in 2019, consumers will not be required to pay the financial penalty fee for not having health insurance coverage.
However, if you were uninsured in 2018 and did not pay the penalty fee when filing taxes for the year, you may be advised to pay the penalty.
The penalty for not having health insurance coverage is calculated based on:
- Individual income
- Family size
- Number of months being uninsured
There are exemptions to the penalty. An in-person assistor can help figure out what the penalty may be and if you qualify for an exemption.