what is the penalty for not having insurance for part of 2015
Individuals: From 2014 (reported in 2015), individuals who did not have insurance would owe $95, or 1 percent of income, whichever is greater. In 2015 it rises to the greater of $325 or 2 percent of income.But the penalty would subsequently rise in 2016, reaching $695, or 2.5 percent of income, whichever is greater.ndividuals: From 2014 (reported in 2015), individuals who did not have insurance would owe $95, or 1 percent of income, whichever is greater. In 2015 it rises to the greater of $325 or 2 percent of income.