Health Care Reform Subsidy Calculator

Health Care Reform Subsidy Calculator

Total Household Members:
Total Household Income:
Age of Policyholder (Head of Household):
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Health Care Reform Subsidy Definition

Beginning Jan. 1, 2014, the shared responsibility provisions of the Affordable Care Act (ACA) require that most individuals maintain a minimum level of health insurance coverage. Along with this requirement comes substantial subsidies to ensure health insurance is affordable for all.

Use our online Health Care Reform Subsidy Calculator to determine how much you may expect in tax credits, your eligibility for free health insurance under Medicaid, and the amount you can expect to pay out-of-pocket for health care costs.

Guide to the Health Care Reform Subsidy Calculator

– Enter the following information into the calculator:

  • Total number of household members
  • Annual household income
  • Age of the head of household (the policyholder)

Information Supplied by the Health Care Reform Subsidy Calculator

  • Your Federal Poverty Level percentage
  • The maximum percentage of your income you will be required to contribute to your premiums
  • Your estimated monthly premiums before subsidies
  • An estimation of tax credits/subsidies for which you are eligible
  • The total actual monthly premium you may expect to pay
  • Your expected annual out-of-pocket costs

How to use Information from the Health Care Reform Subsidy Calculator

  • The Federal Poverty Level percentage is used to determine your eligibility for health insurance under the Medicaid program. Medicaid coverage under the ACA is extended to families and individuals with incomes up to 138-percent of the Federal Poverty Level.
  • Note that not all states may be participating in the Medicaid expansion. Residents of states that choose not to participate in this provision will still be eligible for tax credits and subsidies to purchase health insurance policies through the Health Insurance Marketplace.
  • The Premium Contribution Cap guarantees you will not be required to pay more than a set percentage of your annual income for health insurance.
  • Estimated actual monthly premiums is your required payment after credits and subsidies

How to Calculate Health Care Reform Subsidy

Let's be honest - sometimes the best health care reform subsidy calculator is the one that is easy to use and doesn't require us to even know what the health care reform subsidy formula is in the first place! But if you want to know the exact formula for calculating health care reform subsidy then please check out the "Formula" box above.

Add a Free Health Care Reform Subsidy Calculator Widget to Your Site!

You can get a free online health care reform subsidy calculator for your website and you don't even have to download the health care reform subsidy calculator - you can just copy and paste! The health care reform subsidy calculator exactly as you see it above is 100% free for you to use. If you want to customize the colors, size, and more to better fit your site, then pricing starts at just $29.99 for a one time purchase. Click the "Customize" button above to learn more!