What’s The Fine For Not Having Health Insurance?

1. 

   210 POINTS

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   Robert Lien, LUTCF

   Owner & Independent Agent, Northwest Insurance Agencies, Tumwater, Washington

   You need to be more specific. Are you an individual and/or family or are you an employer with more than 50 FTE's (Full time equivalents.) Under the ACA (Affordable Care Act) you may have a fine if you do not have a qualified health plan that meets the minimum requirements.

   Answered on September 2, 2014

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2. 

   165 POINTS

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   Dorothy Faudi

   if you don't have health insurance before the end of the tax season for 2014, you could pay a penalty if: you don't have a policy either through the marketplace or through employer based plan. the penalty for 2014 is 1% or $95.00 whichever is higher. As answered in the previous comment, if you are an employer with more than 50 employees, and you are not offering them a qualified plan, not only will you pay a fine, but your employees will as well.

   Answered on September 2, 2014

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