What is the penalty for not having health insurance in California?
Answer:
The Obamacare penalty for not having health insurance coverage in 2016 is $695 per adult ($347.50 per child) or 2.5% of annual income claimed on a tax return without health insurance (whichever is larger). The health insurance penalty for 2017 will be similar, however the $695 flat fee will be adjusted for inflation.
