The penalty for remaining uninsured under Obamacare can be steep, but few may be subjected to it. Some 6 million people could be hit with these fines in 2016, forking $7 billion over to the federal government, according to the Congressional Budget Office.
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Thinking of ignoring the Obamacare mandate to get health insurance next year? It could cost you. To try to ensure that people sign up for coverage, the Affordable Care Act carries complex penalties for those who remain uninsured that could cost them hundreds, or even thousands of dollars.