Time is running out to enroll in health insurance if you don’t already have it. And, the penalty for not having insurance goes up substantially in 2016.
If you can afford health insurance but don’t buy it, the federal government will charge every adult in your household $695 dollars or two-point-five percent of your annual household income, whichever is higher.
And if you can’t afford health insurance or don’t get it through work, you’re not alone. Most of the enrollees on HealthSource RI to-date have qualified for some kind of financial assistance.