IRS: 7.5 Million Americans Paid Penalty For Lack Of Health Coverage

The IRS released preliminary figures that show about three-quarters of taxpayers indicated they had qualifying health insurance in 2014.i

The IRS released preliminary figures that show about three-quarters of taxpayers indicated they had qualifying health insurance in 2014.

Carolyn Kaster/AP


hide caption

itoggle caption

Carolyn Kaster/AP

The IRS released preliminary figures that show about three-quarters of taxpayers indicated they had qualifying health insurance in 2014.

The IRS released preliminary figures that show about three-quarters of taxpayers indicated they had qualifying health insurance in 2014.

Carolyn Kaster/AP

About 7.5 million Americans paid an average penalty of $200 for not having health insurance in 2014 — the first year most Americans were required to have coverage under the Affordable Care Act, the Internal Revenue Service said Tuesday.

By contrast, taxpayers filing three-quarters of the 102 million returns received by the IRS so far this year checked a box indicating they had qualifying insurance coverage all year.

Counting another 7 million dependents who weren’t required to report their coverage but also filed returns, the proportion with qualifying

Article source: http://www.npr.org/sections/health-shots/2015/07/21/424970245/irs-7-5-million-americans-paid-penalty-for-lack-of-health-coverage?utm_medium=RSS&utm_campaign=affordablecareact

Tagged:

Comments are closed.