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CBO: U.S. Should Collect $4 Billion A Year in Penalties from Those Who Don’t Buy Health Coverage
HC Pro

About 4 million people are expected to pay a penalty for not buying health insurance in 2016, an amount estimated at about $4.2 billion to $4.3 billion per year over the 2017 to 2019 period when provisions of the new healthcare reform law kick in. But two thirds of that penalty amount will be paid by people whose adjusted gross income is more than 400% of the federal poverty level.