Under the Affordable Care Act, beginning in 2014, many individuals and families may be eligible to receive a subsidy. This is an amount of money, or tax credit, from the government to help reduce your monthly premium amount. People who can get health insurance through their employer or through public coverage, like Medicaid, Medicare or CHIP, cannot, in most cases, qualify for a subsidy. Your subsidy amount is based on your income and family size.
The estimated subsidy amount shows the amount you and your family might save on monthly premiums. This is compared to what you and your family might pay in the individual market without subsidies. Premiums are shown for a silver plan. You can choose to purchase another plan.
This is just an estimate. To confirm your exact subsidy amount, you will need to apply in your state’s Marketplace.
National Estimator Updated October 2013
Notes: This calculator shows expected spending for families and individuals eligible to purchase coverage in the Marketplace under the Affordable Care Act. Under the law, maximum contributions to premiums will be based on modified adjusted gross income, while estimates in this calculator are based on the annual income entered by the user. The premiums in this calculator reflects a weighted average of the second lowest cost silver plans in 48 states from the U.S. Department of Health and Human Services, Office of The Assistant Secretary for Planning and Evaluation (September 2013), adjusted for age rating. In some states, premiums will also vary based on tobacco use, but that is not taken into account in this calculator.
The software that powers this calculator was developed by the Center for Labor Research and Education and the Institute for Research on Labor and Employment Library, at the University of California, Berkeley and are provided on this website under license. Copyright © 2012-13 The Regents of the University of California. All rights reserved.