A surprisingly large number of people qualify for financial help when buying health insurance through the Marketplace. For example, someone who earns up to $47,520 a year, or a family of four earning up to $97,200 a year, qualifies for reduced monthly premiums or a tax credit at the end of the year.
By using one of several good calculators that are available, you can estimate how much assistance you may obtain—before you even visit the Marketplace site (www.HealthCare.gov).
However, only the Marketplace will let you know the exact assistance you can expect. Financial Assistance Calculator One very simple calculator can be found at Get Covered USA: http://www.getcoveredamerica.org/calculator/
Another calculator option, from the Kaiser Family Foundation, is found at:
Subsidy Calculator -- Premium Assistance for Coverage in Exchanges
This tool estimates health insurance premiums and subsidies for people purchasing insurance in the Marketplace. It was developed by the Kaiser Family Foundation.
You can enter different incomes, ages and family sizes to estimate your eligibility for subsidies and how much you could spend on health insurance.
Click here for the household size shart: https://www.holy-cross.com/sites/default/files/household_size.pdf