re: #588 lawhawk
Here’s the full breakout (individuals):
For 2014: Greater of $95, or up to 1% of income;
For 2015: Greater of $325 or 2% of income;
For 2016, Greater of $695, or 2.5% of income. Thereafter, the dollar minimum is adjusted for inflation.For families, the dollar minimums are higher. There are also exceptions/waivers available.
Thanks. I suspect small businesses who don’t purchase insurance for their employees will pay rather hefty fines/taxes/penalties.