No, you are not subject to a penalty if you purchase a short-term plan. There has been no federal penalty for being uninsured since 2019. However, a short-term plan does not count as qualifying coverage, so if you live in a state with its own coverage requirement, such as California or New Jersey, you could owe a state penalty. Short-term plans are also not available in every state; Illinois banned them as of January 1, 2025.
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