By: Josh Butler
Only six days remain until the end of open enrollment for the Affordable Care Act.
Many people still have questions about the penalties that they'll face if they pass March 31st without coverage.
The penalties are actually simple.
"It's one percent of your income or $95... whichever is greater," says Wayne Borders, an Affordable Care Act Navigator with the South Carolina Progressive Network.
The big question seems to be who is facing that one percent penalty if they don't enroll.
You'll face a penalty if you are:
Take those numbers and multiply them by four and you get the range of income that is eligible for a tax credit to help pay for your household's health insurance.
Still confused? The good news is there are plenty of opportunities for help online and in your community.
You can shop for your healthcare plan on the Affordable Care Act marketplace.
You can also call the marketplace help line anytime at 1-800-318-2596. That number is available 24/7 to assist you in getting the healthcare you need.