Well, for one, in 2016, you're subject to either of the following penalties, depending on which one is higher.
- 2.5% of your household income, or
- $695 per adult, and $347.50 per child under the age of 18, with a max of $2,085.
It's important to always consider your "true cost" by taking each or your expenses and adding the amount you could have saved in interest by applying the money for that expense to the Program. Doing so will help you realize how much you will be paying in interest by taking on the penalty. Although I don't advocate taking a penalty just to avoid paying expensive health insurance because you may be healthy, the program will help you realize the true cost to taking on either the monthly health insurance expense, or the cost of the penalty.