how much is the fine for no insurance
The fee is increasing for 2016. For 2015, the penalty for no health insurance is $325 per person or 2% of your annual household income â whichever is higher. For 2016, the fee is $695 or 2.5% of your income â whichever is higher. For many people, thatâs more than the yearly cost of health plans they can find on HealthCare.gov.