Woodbury Financial Services Inc.



3070 Bristol St. Ste. 500
Costa Mesa, CA 92626-3083


(949) 200-8204

Enroll in Covered California (Obamacare)









It's the Law. Everyone must be enrolled in a health plan or face financial penalties.

With tax credits, your health insurance premiums may be free. Call me to find out.

Covered California Agent #2000015128.


The fee for not having health insurance in 2018

On Dec. 22, 2017 President Donald Trump signed a sweeping tax bill that repeals the Affordable Care Act's tax penalty by zeroing out the fines starting in 2019.

Until 2019, the fee is calculated 2 different ways – as a percentage of your household income, and per person. You’ll pay whichever is higher.

Percentage of income
• 2.5% of household income
• Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

Per person
• $695 per adult
• $347.50 per child under 18
• Maximum: $2,085

Paying the fee

• Using the percentage method, only the part of your household income that’s above the yearly tax filing requirement is counted.

• Using the per-person method, you pay only for people in your household who don’t have insurance coverage.

• If you have coverage for part of the year, the fee is 1/12 of the annual amount for each month you (or your tax dependents) don’t have coverage. If you’re uncovered only 1 or 2 months, you don’t have to pay the fee at all. Learn about the “short gap” exemption.

• You pay the fee when you file your federal tax return for the year you don’t have coverage.





This website is owned and maintained by Matthew A. Kasa, which is solely responsible for its content. This site is not maintained by or affiliated with Covered California, and Covered California bears no responsibility for its content. The e-mail addresses and telephone number that appears throughout this site belong to Matthew A. Kasa and cannot be used to contact Covered California.

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Check the background of this financial professional on FINRA's BrokerCheck