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Syntyr wrote:For 2016, the fee is $695 or 2.5% of your income — whichever is higher

Basing the fee on income levels makes it clear that this was never about making sure that people don't just wait until they get sick to sign up for coverage.

Do we have any specifics on Trump's plans for replacing the Unaffordable Care Act? I have heard him say that he wants to keep the requirement for covering pre-existing conditions, and insurance for kids up to 26, but I haven't heard anything else. I sure hope he is able to get rid of the mandate, since I believe it is unconstitutional. I'm just not sure how you keep pre-existing conditions and get rid of the mandate without sending premiums up even higher than they are now.

Abraham wrote:Is the practice of fining for not signing up for Obamacare ongoing?

Was it ever implemented?

I know lots of folks who didn't sign up and as yet none that I know of have been fined.

With the new President and other Conservatives elected, will the idea of fining for not buying Obamacare simply die or does it go on (either in practice or theory) until something legislatively is done?

Anyone know?

Thanks!

You pay the fine when you do your income taxes. I believe it was in effect for 2015. At least I know that I was asked the question when I used TurboTax to complete my return.