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%