In Rhode Island, you may be required to pay a state tax penalty if you don't have health insurance.
In January 2020, Rhode Island initiated its own tax penalty for residents who don't have health insurance. The penalty essentially replaces the federal Affordable Care Act penalty that ended at that time. Unless you qualify for an exemption, you will face a state tax penalty when you file your tax return.
What Is the Penalty for Not Having Health Insurance in Rhode Island?
The Rhode Island penalty amount is the same as it would have been under the federal penalty: $695 for each uninsured adult ($347.50 per child) or 2.5% of household income above the tax filing threshold, whichever is more.
The maximum penalty amount is $2,085 per family or, for the percentage of income calculation, the average cost of purchasing a bronze plan in Rhode Island.
Using the per-person method, you'll pay only for those in your household who aren't covered. With the percentage method, you need to count only the part of your household income that's above the yearly Rhode Island tax filing requirement.
For more information, see the Health Source RI Health Insurance Mandate page.