What Is The Tax Penalty For Not Having Health Insurance Under Obamacare? 
The first year penalty is only $ 95.00 and will gradually increase . In 2016 the penalty will be adjusted to the CPI or Consumer Price Index . Most people will qualify for a subsidy to pay the monthly premium . Those individuals between 133 % & 400 % of FPL or Federal Poverty Level . The amount varies by state , in NM for example , if an individual makes less than $ 45,900 Modified Adjusted Gross Income , & $ 92,000 for a couple filing jointly , they will qualify for a tax subsidy . The less you make the larger the subsidy . There is catastrophic coverage available for those under 27 years of age . Bronze which pays 60 % , with a 40 % member coinsurance , Silver 70/30 , Gold 80/20 , & Platinum 90/10 . My company is licensed in several states , feel fee to contact me with additional questions . Or to get qualified through the Health Care Marketplace starting October 1st , 2013 . Enrollment runs through December 31st , 2013 . Coverage to begin January 1 , 2014 . 