Monthly penalty for failure to maintain minimum essential coverage:

a) Flat Dollar Amount (per individual)

  • 2014 – $95
  • 2015 – $325
  • 2016 – $695
  • 2017 – $695

or

b) Percentage of Income

  • 2014 –  1.0%
  • 2015 –  2.0%
  • 2016 –  2.5%
  • 2017 –  2.5%