The penal­ty is the greater of 1% of fam­i­ly income or $95 per year (but they reduced that to $47.50 for chil­dren)  if you do not have health insur­ance this year.  But now, fed­er­al offi­cials have decid­ed to cap the poten­tial lia­bil­i­ty to $2,448 per per­son, based on the nation­al aver­age annu­al pre­mi­um for a bronze lev­el health plan.  So you’re in trou­ble if you do not buy…just not as much trou­ble as you may have feared.