Question: Do I have to signup for Affordable Care Act / Obamacare / Insurance?
No, you do not have to signup for Affordable Care Act. But, starting in 2014, if you do not have insurance, you will have to pay a penalty of $95 to $285 depending on your gross income. The penalty will increase gradually to a maximum of $2,085 by 2016.
You will not be arrested or go to jail if you do not have insurance (Affordable Care Act / Obamacare).