The penalty for not having coverage in 2018 is the greater of:
- $695 for each adult and $347.50 for each child, up to $2,085 per family
- 2.5 percent of family income above the federal tax filing threshold, capped at the national average of the lowest cost bronze plan available through the marketplace.
(26 U.S.C. § 5000A (c); IRS, Rev. Proc. 2017-58).