Avoid the penalty for not having health insurance

If you don't have qualifying health coverage, you must pay a penalty known as the individual shared responsibility payment.

The penalty is 2.5% of your household income or $695 per adult — whichever is higher. The fee rises with inflation. Final 2018 amounts will be published when available.

So if you don’t have health insurance, you have to spend money on a penalty — and pay for all of your health care yourself.

Learn more about the penalty for not having health insurance.