Apr 17, 2015 5:35 PM by News Staff
After years of hearing they will face a fine for failing to have health coverage, that bill is finally coming due for thousands of Californians.
The Obamacare penalty, which relates to lacking coverage in 2014, is spurring some of those people to sign up for insurance this year to avoid paying an even bigger fine next year.
Californians without healthcare in 2014 were fined $95 or one percent of their income, but those numbers are expected to triple by 2016.
In the last four months 17,000 people in the North State enrolled in Covered California, but about 1 million people who are eligible for coverage and subsidies remain uninsured.
Those who fail to obtain insurance are looking at steeper fines in the near future. In 2016 the penalty will be $325 per adult or 2 percent of household income.