Overall, the implementation and complexities of the Affordable Care Act have created a lot of uncertainty for individuals and employers, alike. One of the major components of the health care reform law, the individual mandate, requires most Americans to have health insurance starting in 2014 – or else they have to pay a penalty. The penalty amount depends on several factors, including income and family size. The Tax Policy Center calculator lets you estimate the potential ACA penalty for individuals and married couples who don’t have health insurance coverage required by the ACA. Find out what your penalty would be.
Gary J. Salamido
Vice President, Government Affairs
North Carolina Chamber