Preheader

 

Get A Quote About FAQ Contact Home Page
 


Employee Benefits Health Life Disability
Home > Blog > Penalties (Taxes)
  • Main Menu
    • Home Page
    • Secure File Area
    • Refer a Friend
    • Join Our Newsletter
    • Important Links
    • Calculators
    • Important Files
    • Insurance Glossary
    • Frequently Asked Questions
    • View our Blog (3)
    • Location Map
    • Contact Us
    • About Us
    • Privacy Policy
  • Health
    • Health Insurance Home
    • Health Quote Form
  • Dental
    • Dental Insurance Home
    • Dental Insurance Quote
  • Vision
    • Vision Insurance Home
    • Vision Insurance Quote
  • Life
    • Life Insurance Home
    • Life Insurance Quote
  • Disability Insurance
    • Disability Insurance Insurance Home
    • Disability Insurance Quote
SUNDAY, OCTOBER 4, 2015

Penalties (Taxes)

It's as un-American as you can get in my opinion - if that's worth much. But here is the law: If a USA Citizen does not have health insurance beginning Jan. 1, 2016 here are the "penalties" or "taxes" imposed:

If you don’t have coverage in 2016, you’ll pay the higher of these two amounts:

2.5% of your yearly household income
$695 per person ($347.50 per child under 18)

In future years, the tax is adjusted for inflation.

Contact me to discuss your situation and see how we may help with various options.

https://www.healthcare.gov/fees-exemptions/fee-for-not-being-covered/

Posted 5:02 PM

Tags: health insurance penalty, tax, obamacare,
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2015

  • health insurance penalty(1)
  • tax(1)
  • subsidies(1)
  • government(1)
  • obamacare(1)

View Mobile Version
View Our Latest Insurance News
more...
  It's time for summer fun.

Enjoy peace of mind knowing your toys are insured

more...
Home
About Us
Get A Quote
Customer Service
Refer a Friend
Contact Us
Employee Benefits
Health Insurance
Life Insurance
Disability Insurance
Group Benefits
Other Insurance Types...
Mailing Address
P.O. Box 201
Boutte, LA 70039
Contact Us
985.306.0065
Email
Social
How Can We Help You?
or call us at
985.306.0065
Get A Quote Client Login Insurance 101 Facebook Linkedin Blog RSS Feed Insurance Website Builder Facebook LinkedIn Blog RSS Feed