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FDA approved 1st hybrid closed loop system- Artificial Pancreas Device System

(Source: FDA ) There have been tremendous strides made in the research and development of an Artificial Pancreas Device System. On Septembe...

Monday, September 30, 2013

How much is the individual shared responsibility payment?

The fee in 2014 is 1% of your yearly income or $95 per person for the year, whichever is higher. The fee increases every year. In 2016 it is 2.5% of income or $695 per person, whichever is higher.

In 2014 the fee for uninsured children is $47.50 per child. The most a family would have to pay in 2014 is $285.

It's important to remember that someone who pays the fee won't get any health insurance coverage. They still will be responsible for 100% of the cost of their medical care.

Source: https://www.healthcare.gov/exemptions/

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