ACA Marketplace Subsidy Calculator

Estimate your Affordable Care Act premium tax credit based on your household income and family size. See how much you could save on marketplace health insurance.

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Disclaimer: This calculator provides estimates only. Actual insurance rates depend on many factors including your specific situation, location, and insurance provider. Contact a licensed insurance agent for accurate quotes. This is not financial or insurance advice.

Frequently Asked Questions

Who qualifies for ACA subsidies?

You may qualify for premium tax credits if your household income is between 100% and 400% of the Federal Poverty Level (FPL). You must purchase insurance through the Health Insurance Marketplace, not have access to affordable employer coverage, and not be eligible for Medicare or Medicaid.

How are ACA subsidies calculated?

Subsidies are based on the difference between the cost of the second-lowest-cost Silver plan in your area and a percentage of your income determined by a sliding scale. Higher incomes pay a larger share of income toward premiums.

Do I have to pay back the ACA subsidy?

If your actual income ends up higher than estimated, you may need to repay some or all of the subsidy when filing taxes. If your income is lower, you may get additional credits. It is important to update your marketplace application if your income changes during the year.

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