Obamacare Subsidy Calculator - How to get your discount!
Obamacare subsidy calculator
What is the Obamacare subsidy calculator?
the Obamacare subsidy calculator is a tool that allows you to calculate the subsidy help from the government
to help you pay for your health insurance .
how does Obamacare subsidy calculator work?
the main criteria used in the obamcare subsidy calculator is your income and your family size
reported in your income taxes..Based on how much money you make and how large the
family you must feed is, it is determined how much help from the government you will receive
to pay for health insurance
the Obama care subsidy calculator will also help you understand what your level is at the
federal poverty level (FPL), Individuals the fall below 138 percent of the federal poverty level,
will qualify under the extension of Medicaid or also known as Medi-Cal in California. For those
who are above 138% and below 400%, the Obamacare subsidy calculator will let you know how much help you
will receive from the federal government to pay for your health insurance. and for those who are above 400
percent, there will be no subsidy below is a link to the Obamacare subsidy calculator. click on that link so you
can start calculating how much money you will be subsidized under Obamacare
How does the Obamacare Subisdy Calculator Work?
Under the Affordable Care Act, on January 1st 2014, millions of individuals and families will be eligible to
receive governement help in the form of subsidized coverage through their State health insurance
Exchange if they are not eligible for Medicare, Medicaid or the Children's Health Insurance Program
and are not offered affordable coverage through their employer.
Notes: This calculator shows estimated premiums for families and individuals eligible to purchase
coverage through their local Exchange. Actual premiums are not yet known. The calculator also
indicates income-eligibility for Medicaid. Also, the calculator is not applicable for American Indians,
who will have unique rights, benefits or opportunities through MNsure.
Under the law, maximum contributions to premiums will be based on modified adjusted gross income.
Estimates in this calculator are based on the annual income entered by the user.
The premiums in this calculator use national estimates from the Congressional Budget Office for silver
plans, adjusted for premium inflation and the ages of the individuals.