The penalty for not having coverage can be more that the $95.00 it may be 1% of income. On top of that the 2014 open enrollment period ends 3/31/2014. Starting April 1, 2014 tot he end of the year the only way to purchase coverage will be if you have a qualifying life even i.e. marriage, birth of child, loss of job.
This article explains in more depth.
http://www.washingtontimes.com/news/2014/mar/7/new-tool-helps-figure-obamacare-penalties/