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sharon@gulfsouthbenefits.com

2100 W Prien Lake Road Ste 10

Lake Charles,LA

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The fee for not having health insurance in 2016

 

The fee is calculated 2 different ways – as a percentage of your household income, and per person. You’ll pay whichever is higher. The fee rises with inflation in future years. Final 2017 amounts will be published when available.

 

Percentage of income

 

2.5% of household income

Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

 

Per person:

$695 per adult

$347.50 per child under 18

Maximum: $2,085

Paying the fee

 

Using the percentage method, only the part of your household income that’s above the yearly tax filing threshold ($10,150 for individuals, $20,300 for couples filing jointly in 2014, the most recent year available) is counted.

Using the per-person method, you pay only for people in your household who don’t have insurance coverage.

If you have coverage for part of the year, the fee is 1/12 of the annual amount for each month you (or your tax dependents) don’t have coverage. If you’re uncovered only 1 or 2 months, you don’t have to pay the fee at all.

 

 

 

 

The penalty for 2015 is the higher of these:

 

2% of household income

Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

OR

 

$325 per adult

$162.50 per child under 18

Maximum: $975

The fee for not having coverage in 2014

 

The penalty for 2014 is the higher of these:

 

1% of household income

Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

OR

 

$95 per adult

$47.50 per child under 18

Maximum: $285

Health Care for all kinds of people - Gulf South B

Quality Health Insurance from names you trust

No matter your budget, we have a plan for you! 

Gulf South benefits offers group and individual policies from Blue Cross Blue Shield (BCBS), United Health Care, Vantage Health Care and Humana. We will even see if you qualify for a government subsidy. We offer a variety of health care programs from top providers and will help you find the health care coverage that fits your needs and budget.

Penalties for noncoverage 2016

Give us a call today

337-656-3255

Open Enrollment starts

November 01, 2017 - December 15, 2017

Penalties for noncoverage 2018

 

Avoid the 2017 penalties of $695 per adult and $347.50 per child  

Open Enrollment starts November 01, 2016 - January 31, 2017

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