Health Insurance Subsidy Calculator

Household Information

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Household Size

Number of People in Household

Number of Adults Enrolling in Coverage

Number of Children Enrolling in Coverage

Income Details

Annual Household Income Before Taxes ($)

Current Coverage Information

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Citizenship and Immigration Status

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Results

Subsidy Eligibility Assessment

Premium Tax Credit Calculation

Net Premium Estimates

Cost-Sharing Reductions

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Disclaimer: This calculator provides estimates for informational purposes only and does not constitute legal, tax, or financial advice. Actual subsidy amounts may vary based on precise income, household details, and plan selection. Please consult healthcare.gov or your state marketplace for official information.

Data Privacy: All data entered is confidential and will not be stored or shared without your consent.

Frequently Asked Questions

What is a premium tax credit?

A premium tax credit is a subsidy that lowers the cost of health insurance premiums for individuals and families with low to moderate income purchasing coverage through the Health Insurance Marketplace.

What are cost-sharing reductions?

Cost-sharing reductions are subsidies that reduce out-of-pocket costs such as deductibles, copayments, and coinsurance for eligible individuals enrolling in a Silver plan through the Marketplace.

How is eligibility for subsidies determined?

Eligibility is based on household income, size, and other factors like access to other health coverage. Income is compared to the Federal Poverty Level (FPL) to determine eligibility.

What if my income changes during the year?

If your income changes, you should report it to the Marketplace as it may affect your subsidy amount. Failure to do so may result in owing money when you file your taxes.