Do I need to sign up for Obamacare?
If you're an individual who doesn't have insurance coverage through your employer, doesn't qualify for Medicare or Medicaid, and can afford to pay it, you must sign up for Obamacare, or pay a fee.
That fee is 2.5% of your household income or $695 per adult ($347.50 per child), whichever is higher. You can also get more detailed information on how the fees work here. You may be able to avoid the fee if you qualify for an exemption, including if you can't afford it based on your income.
Under Obamacare's employer mandate, employers who have more than 50 employees must provide health care coverage for at least 95% of their employees and dependents up to age 26, or pay a fee.
What if I can't afford Obamacare?
What you pay for health insurance depends on your income, but there are also credits and rebates that may help defray the costs. Eight out of 10 people who enroll in health insurance through HealthCare.gov receive financial assistance.