What is the penalty for not having health insurance under the ACA?

Under the Affordable Care Act (ACA), the individual mandate originally required individuals to maintain a minimum level of health insurance coverage or face a penalty. However, the federal penalty was effectively eliminated starting in 2019, meaning there is no longer a federal requirement to have health insurance that incurs a penalty for those who do not have coverage.

While some states have implemented their own health insurance mandates and may impose penalties for not having coverage, these are not applicable federally. Therefore, the statement reflecting that there is no longer a federal penalty, while recognizing that some states may have their own requirements, is accurate. This reflects the current landscape of health insurance mandates and penalties as of the latest updates to the ACA.