Whether you are for or against the Affordable Care Act (Obamacare), in 2016 the law will impose a penalty for not having insurance. The penalty will increase to $695 per person or 2.5% of household income, whichever is greater. Here is a easy way to avoid the penalty and satisfy the requirement to enroll. If you qualify for a subsidy, you could have a very low cost option that actually costs less than the penalty (remember the penalty is $695 per person per year; which breaks down to $57.92/month). Look for a BRONZE plan that is less than $57.92/month for you, it makes sense to select that plan and satisfy the law’s requirement to have health insurance.
Select a BRONZE plans if you just want to avoid the penalty. However, also review the SILVER plans too. Silver plans are the only plans that get a free upgrade in benefit. Silver plans look more like typical health insurance, with copays and medicine. Answer a few questions and get your personalized rate quote.