"It's a tax, haven't you heard?"
#39 | POSTED BY PATH
Yup, but if I have to pay, 1% is better than 25%.
As it goes for me, I think I'm exempt because insurance is more than 8%.
Excerpt from above link.
The law makes a number of exemptions for low-income persons and hardship cases.
"Individuals who cannot afford coverage": If an employer offers coverage that would cost the employee more than 8 percent of his or her household income (for self-only coverage) that individual is exempt from the tax...