The government has placed an upper limit on the penalties Americans will be asked to pay if they fail to purchase health insurance this year, capping the figures at at $2,448 for individuals and $12,240 for a five-member family. The penalty for the initial year begins at $95 for each adult and $47.50 for each child under 18. The Times-Picayune (New Orleans)/The Associated Press (7/24)
Feds settle on penalty caps for not buying health coverage
July 26, 2014 By Jay Baldauf
Filed Under: Employer Benefits, General Health, Men's Health, Reform, Wellness, Women's Health Tagged With: ACA, Feds, Government, health coverage, HHS, not buying, penalty cap, settle
