The fee for the first year is $95 per adult and $47.50 per child (up to $285 per family), or 1 percent of your income, whatever is higher.
In 2015, it jumps to 2 percent of your income, or $325 per adult and $162.50 per child. In 2016, it will jump to 2.5 percent of your income.
While some may rather pay the small fee the first year than pay premiums that would cost more, experts predict most people will sign up for insurance.
"I think the penalties should be higher, but they are still enough to make the law effective," said Jonathan Gruber an economist at MIT who was an architect on both the Massachusetts and U.S. health plans. "In Massachusetts we had people flooding in to sign up. You know Americans are almost uniquely law-abiding people, we massively overpay our taxes in terms of what people do in the rest of the world. When you say it is the law to have health insurance I think people will get health insurance."
Enroll America, a nonpartisan nonprofit that is helping educate Americans about the program, said it has had a positive response once people have an explanation of what's coming.
"For the most part the people we encounter are thrilled that they will finally have health care," said Enroll America's Jessica Barbara Brown. "For many people this will be the first time they have ever had access to care. This can be life changing."
Brown cautions that while we will keep hearing about Oct. 1, really this is a "marathon" and people should take as much time as they need to figure out which plans are best for them.
Amy Braun-Gross said she will be doing just that.
"Once Obamacare is in effect, I am excited that I will not have to worry about pre-existing conditions any longer," Braun-Gross said. "I will be getting quotes online and making some phone calls to get the ball rolling for my husband and me."