The economic incentive of the insurance mandate
Many experts say the tax penalty for not having insurance — which starts at $95 and gradually increases to $695 or 2.5 percent of a person’s income — is too low to be sufficient motivation on its own.
Many experts say the tax penalty for not having insurance — which starts at $95 and gradually increases to $695 or 2.5 percent of a person’s income — is too low to be sufficient motivation on its own.
