Income Breakdown For Americans Who Will Pay The Individual Mandate Penalty

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"Income Breakdown For Americans Who Will Pay The Individual Mandate Penalty"

The Atlantic highlights the income levels of the small number of Americans who are projected to face Obamacare’s penalty for failing to obtain health insurance coverage. The penalty will only affect those who are able to afford health insurance but choose not to purchase it anyway. Using initial and revised CBO projections, this graph breaks down those Americans into income groups as percentages of the federal poverty level — which is currently pegged at $11,170 for an individual and $23,050 for a family of four — represented on the vertical axis. Nearly 80 percent of the Americans expected to pay the penalty have household incomes that are over 100 percent of the federal poverty level:

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