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Health law fines double for many uninsured at tax time

From StarTribune
By RICARDO ALONSO-ZALDIVAR  |   Associated Press   |    March 8, 2016

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WASHINGTON — Many people who went without health insurance last year are now seeing fines more than double under President Barack Obama’s health care law, tax preparation company H&R Block said Tuesday.

Among its customers who owe a penalty for the 2015 tax year, the average fine is $383, compared with $172 for 2014, the company said.

Separately, among those who complied with the law and took advantage of its taxpayer-subsidized private health insurance, 6 in 10 are now having to pay back to the IRS some portion of their financial assistance. Those payments also are trending higher this year, averaging $579, compared with $530 last tax season.

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