Will I Be Penalized for a Coverage Gap?

I Just enrolled for insurance through the affordable care act. I was dropped from my health insurance I had through my dad when I turned 26 in September. I know I will be penalized for not having insurance the last 3 months of 2014. I am wondering if the 2% i’ll be penalized is 2% of my annual income for each month or if it is 2% of each months income.

Leave a comment

We'll never share your email with anyone else.

1 2 3 4 5

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ObamaCareFacts is a free informational site. It's privately owned, and is not owned, operated, or endorsed by the US federal government or state governments. Our contributors have over a decade of experience writing about health insurance. However, we do not offer professional official legal, tax, or medical advice. See: Legal Information and Cookie Policy. For more on our company, learn About ObamaCareFacts.com or Contact us.