If someone does not have a health insurance plan that qualifies as minimum essential coverage, he or she may have to pay a fee. The fee increases every year: from 1% of income (or $95 per adult, whichever is higher) in 2014 to 2.5% of income (or $695 per adult) in 2016. The fee for children is half of the adult amount. The fee is paid on your federal income tax form when you pay your taxes. People with very low incomes and others may be eligible for waivers.