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Wednesday, July 22, 2015

Obamacare penalty hits more Americans than expected - Jul. 22, 2015

About 7.5 million Americans paid an average penalty of $200 for not having health insurance in 2014 — the first year most Americans were required to have coverage under the Affordable Care Act, the Internal Revenue Service said Tuesday.



The government had estimated in January that from 3 million to 6 million households would have to pay a penalty: 1% of their annual income or $95 per adult in 2014, whichever is greater.



Obamacare penalty hits more Americans than expected - Jul. 22, 2015

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