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End highlighted textDid you know that having health insurance when you can afford it is the law? If you can afford health insurance, but choose not to get it for 2016, you may be required to pay a fee — sometimes called the "penalty," "fine," or "individual mandate" — when you file your 2016 federal income taxes.
The good news is, affordable coverage through the Health Insurance Marketplace® is available. After financial help, 7 out of 10 people can find plans with premiums of less than $75 dollars per month. If you enroll by December 15, 2015, your coverage will start January 1, 2016.
Want to see plans and prices available to you before you apply? You can preview 2016 plans and prices here — you may be surprised to learn just how affordable health insurance can be.
Here are 5 quick facts about the fee for not having health coverage when you can afford it:
Start an application or log in to an existing application.