Am I Exempt from Penalty Due to Unaffordable Employer Coverage?

Researched by Greg Published - January 27, 2015
Last Updated - September 25, 2017

My employers lowest self-only insurance plan is more than 8% of my income, am I exempt from from paying the penalty even if I don’t inquire or look for coverage through the market place.

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paula

I feel screwed over. I had to drop my insurance for the first time in 13 yrs due to the more then double increase in cost for even the worst insurance!
I will have to start paying penalty fees and I can barely afford to pay my own rent half the year so look forward to my tax return!
I want to sue someone so bad !

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ObamaCareFacts.com

Sorry to hear that. Not everyone saw their costs go down. Was this for employer coverage or on the Marketplace? Did you have access to tax credits? What region do you live in? These are all questions that can help address this issue.

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