Penalties
for 2016 are going up from 2015, if you choose to not enroll in ACA qualifying medical
coverage:
2015: per-person charge $325 per adult and $162.50 per child, up to a
family maximum of $975. But 2% of your household income above your tax filing
threshold is higher, then that's generally what you'll owe.
2016: per-person charge $695 per adult and $347.50 per child,
topping out at a whopping $2,085 per family. The income-based penalty rises to
2.5%.
