Do I Have To Buy Obamacare Insurance -

: While individuals generally aren't fined federally, "Applicable Large Employers" (50+ full-time employees) still face federal penalties if they fail to offer affordable coverage.

: Matches New Jersey's formula with a $695 per adult minimum or 2.5% of income. do i have to buy obamacare insurance

: Uses a sliding scale based on income; monthly penalties can range from $23 to $135 per adult . whichever is higher.

: Penalties are approximately $950 per adult and $475 per child , or 2.5% of household income above the filing threshold, whichever is higher. do i have to buy obamacare insurance