By Dan Calabrese ——Bio and Archives--January 1, 2016
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Households that opt to go without health insurance in 2016 are set to get hit with an average Obamacare fine of $969. That is 47 percent higher than the average $661 penalty per uninsured household for this year, a new analysis by the Kaiser Family Foundation revealed Wednesday. And households without insurance that earn too much to qualify for financial aid to buy Obamacare plans will pay an even larger fine for 2016 — an average of $1,450, versus the average of $1,177 for 2015. Uninsured households that would qualify for Obamacare subsidies to help pay for coverage face an average fine of $738 — nearly double the $389 average for this year.Of course, if it's more expensive than ever not to buy insurance, it's also more difficult than ever to buy it. ObamaCare exhanges are collapsing across the country, and more than 2 million people aren't paying their subsidized premiums. You can expect that number to grow as ObamaCare premiums continue to skyrocket. Oh, and by the way, if you do go ahead and buy an ObamaCare policy, it doesn't cover nearly as much as your old policy.
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