{"id":1418,"date":"2010-03-23T10:51:46","date_gmt":"2010-03-23T16:51:46","guid":{"rendered":"http:\/\/royceeddington.com\/?p=1418"},"modified":"2010-03-23T10:51:46","modified_gmt":"2010-03-23T16:51:46","slug":"table-of-annual-fines-for-not-participating-in-healthcare-plan","status":"publish","type":"post","link":"https:\/\/royceeddington.com\/?p=1418","title":{"rendered":"Table of annual fines for not participating in healthcare plan"},"content":{"rendered":"

If you’re thinking of not<\/strong><\/em> joining the healthcare plan that was just signed, Bloomberg just detailed what the annual fines for 2015-2016 would be.<\/a><\/p>\n

“Individuals who don\u2019t purchase insurance would be subject to a fine of $325 in 2015 and $695 in 2016. Individuals may be subject to a charge equal to as much as 2.5 percent of their income in 2016, if the total is greater than the flat payment.”<\/p>\n

So going with the 2.5 percent of income as the basis of the tax \/ fine, and looking at salaries right as the $695 minimum kicks in, this is what you will have to pay if you choose not<\/strong><\/em> to participate in the healthcare plan and have no insurance at all…<\/p>\n\n<\/col>\n<\/col>\n<\/col>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
INCOME<\/td>\nFINE<\/td>\nREMAINING<\/td>\n<\/tr>\n
$25,000.00<\/td>\n$625.00<\/td>\n$24,375.00<\/td>\n<\/tr>\n
$30,000.00<\/td>\n$750.00<\/td>\n$29,250.00<\/td>\n<\/tr>\n
$35,000.00<\/td>\n$875.00<\/td>\n$34,125.00<\/td>\n<\/tr>\n
$40,000.00<\/td>\n$1,000.00<\/td>\n$39,000.00<\/td>\n<\/tr>\n
$45,000.00<\/td>\n$1,125.00<\/td>\n$43,875.00<\/td>\n<\/tr>\n
$50,000.00<\/td>\n$1,250.00<\/td>\n$48,750.00<\/td>\n<\/tr>\n
$55,000.00<\/td>\n$1,375.00<\/td>\n$53,625.00<\/td>\n<\/tr>\n
$60,000.00<\/td>\n$1,500.00<\/td>\n$58,500.00<\/td>\n<\/tr>\n
$65,000.00<\/td>\n$1,625.00<\/td>\n$63,375.00<\/td>\n<\/tr>\n
$70,000.00<\/td>\n$1,750.00<\/td>\n$68,250.00<\/td>\n<\/tr>\n
$75,000.00<\/td>\n$1,875.00<\/td>\n$73,125.00<\/td>\n<\/tr>\n
$80,000.00<\/td>\n$2,000.00<\/td>\n$78,000.00<\/td>\n<\/tr>\n
$85,000.00<\/td>\n$2,125.00<\/td>\n$82,875.00<\/td>\n<\/tr>\n
$90,000.00<\/td>\n$2,250.00<\/td>\n$87,750.00<\/td>\n<\/tr>\n
$95,000.00<\/td>\n$2,375.00<\/td>\n$92,625.00<\/td>\n<\/tr>\n
$100,000.00<\/td>\n$2,500.00<\/td>\n$97,500.00<\/td>\n<\/tr>\n
$105,000.00<\/td>\n$2,625.00<\/td>\n$102,375.00<\/td>\n<\/tr>\n
$110,000.00<\/td>\n$2,750.00<\/td>\n$107,250.00<\/td>\n<\/tr>\n
$115,000.00<\/td>\n$2,875.00<\/td>\n$112,125.00<\/td>\n<\/tr>\n
$120,000.00<\/td>\n$3,000.00<\/td>\n$117,000.00<\/td>\n<\/tr>\n
$125,000.00<\/td>\n$3,125.00<\/td>\n$121,875.00<\/td>\n<\/tr>\n
$130,000.00<\/td>\n$3,250.00<\/td>\n$126,750.00<\/td>\n<\/tr>\n
$135,000.00<\/td>\n$3,375.00<\/td>\n$131,625.00<\/td>\n<\/tr>\n
$140,000.00<\/td>\n$3,500.00<\/td>\n$136,500.00<\/td>\n<\/tr>\n
$145,000.00<\/td>\n$3,625.00<\/td>\n$141,375.00<\/td>\n<\/tr>\n
$150,000.00<\/td>\n$3,750.00<\/td>\n$146,250.00<\/td>\n<\/tr>\n
$155,000.00<\/td>\n$3,875.00<\/td>\n$151,125.00<\/td>\n<\/tr>\n
$160,000.00<\/td>\n$4,000.00<\/td>\n$156,000.00<\/td>\n<\/tr>\n
$165,000.00<\/td>\n$4,125.00<\/td>\n$160,875.00<\/td>\n<\/tr>\n
$170,000.00<\/td>\n$4,250.00<\/td>\n$165,750.00<\/td>\n<\/tr>\n
$175,000.00<\/td>\n$4,375.00<\/td>\n$170,625.00<\/td>\n<\/tr>\n
$180,000.00<\/td>\n$4,500.00<\/td>\n$175,500.00<\/td>\n<\/tr>\n
$185,000.00<\/td>\n$4,625.00<\/td>\n$180,375.00<\/td>\n<\/tr>\n
$190,000.00<\/td>\n$4,750.00<\/td>\n$185,250.00<\/td>\n<\/tr>\n
$195,000.00<\/td>\n$4,875.00<\/td>\n$190,125.00<\/td>\n<\/tr>\n
$200,000.00<\/td>\n$5,000.00<\/td>\n$195,000.00<\/td>\n<\/tr>\n
$205,000.00<\/td>\n$5,125.00<\/td>\n$199,875.00<\/td>\n<\/tr>\n
$210,000.00<\/td>\n$5,250.00<\/td>\n$204,750.00<\/td>\n<\/tr>\n
$215,000.00<\/td>\n$5,375.00<\/td>\n$209,625.00<\/td>\n<\/tr>\n
$220,000.00<\/td>\n$5,500.00<\/td>\n$214,500.00<\/td>\n<\/tr>\n
$225,000.00<\/td>\n$5,625.00<\/td>\n$219,375.00<\/td>\n<\/tr>\n
$230,000.00<\/td>\n$5,750.00<\/td>\n$224,250.00<\/td>\n<\/tr>\n
$235,000.00<\/td>\n$5,875.00<\/td>\n$229,125.00<\/td>\n<\/tr>\n
$240,000.00<\/td>\n$6,000.00<\/td>\n$234,000.00<\/td>\n<\/tr>\n
$245,000.00<\/td>\n$6,125.00<\/td>\n$238,875.00<\/td>\n<\/tr>\n
$250,000.00<\/td>\n$6,250.00<\/td>\n$243,750.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ouch.<\/p>\n

Here’s the link to the Bloomberg article<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you’re thinking of not joining the healthcare plan that was just signed, Bloomberg just detailed what the annual fines for 2015-2016 would be. “Individuals who don\u2019t purchase insurance would be subject to a fine of $325 in 2015 and … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[],"class_list":["post-1418","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Pfyw-mS","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/royceeddington.com\/index.php?rest_route=\/wp\/v2\/posts\/1418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royceeddington.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royceeddington.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royceeddington.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/royceeddington.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1418"}],"version-history":[{"count":3,"href":"https:\/\/royceeddington.com\/index.php?rest_route=\/wp\/v2\/posts\/1418\/revisions"}],"predecessor-version":[{"id":1421,"href":"https:\/\/royceeddington.com\/index.php?rest_route=\/wp\/v2\/posts\/1418\/revisions\/1421"}],"wp:attachment":[{"href":"https:\/\/royceeddington.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royceeddington.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royceeddington.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}