: Has a mandate to report coverage but currently imposes no financial penalty for being uninsured. Key Considerations for 2026
: While penalties are gone federally, subsidies (Premium Tax Credits) remain available on the HealthCare.gov Marketplace to help lower monthly costs for those who choose to enroll.
If you reside in one of the following jurisdictions, you may face a state tax penalty if you do not have qualifying health insurance: do i have to buy obamacare insurance
: Even in states with penalties, you may qualify for hardship or affordability exemptions if insurance costs more than a certain percentage of your income (roughly 8% in many cases).
: Penalties are approximately $950 per adult and $475 per child , or 2.5% of household income above the filing threshold, whichever is higher. : Has a mandate to report coverage but
The Individual Mandate for Health Insurance Coverage: In Brief
: Uses a sliding scale based on income; monthly penalties can range from $23 to $135 per adult . : Penalties are approximately $950 per adult and
However, your requirement to have insurance depends entirely on your location, as several states have established their own mandates and financial penalties. States with Insurance Mandates in 2026