Call Today:  1-818-380-1700

Main Menu

Contact Information

Quotes/Concierge

Eichberg  

 Associates 

Main Menu

The "Pay or Play" Mandate

Penalties for non-compliance of the Affordable Care Act (ACA)

 

In 2014, the penalty for individuals (for each family member) will be $95 for adults ($47.50 for a child) or 1% of household income, whichever is greater.

 

In 2015, penalty rises to $325 per adult and $162.50 per child (up to $975 for a family) or 2% of family income, whichever is greater.

 

In 2016 it jumps to the greater of $695 for adults ($347.50 for a child) or 2.5% of income.  

 

Currently, the maximum family penalty in 2016 is the greater of 2.5% of income or three times the per-adult penalty ($2,085).    

 
X
Password:
Wrong password.