Under the Affordable Care Act (ACA), low - and middle-income Americans health insurance in the they can buy discover markets eligible for a federal grant in question This article provides an overview of the federal grants for health insurance 
[
What are the federal subsidies?
The federal subsides lower the cost of health insurance for those who are entitled (also known as "premium tax credits"). They are a form of government financial support for low- and middle-income families and significantly lower cost of health insurance for many individuals and families.
Am I entitled to federal subsidies for the reception of health insurance?
If you meet certain income requirements, and have no access to affordable health insurance through an employer or another government program, then you will probably receive federal subsidies for health insurance qualify.
Eligibility is based on a standard called "federal poverty level" (FPL). Your federal subsidy caps make the cost of health insurance between 2% and 9.5% of annual household income, depending on how much money in the FPL relative.
individuals and families who earn 400% of FPL may be considered. This causes a person to $ 46,680 in 2014 to earn and a family of four to $ earn up 95400 2014
How much are federal subsidies for health insurance
subsidies cap the cost of your health insurance at 2% -. 9.5% of household income, if your household income above the federal poverty level (FPL) to 400% is
For example, if you are single and $ 25,000 / year in 2014 to make (218% FPL), the you pay for a silver-health insurance is $ 258 / month (6.92% of income).
There are several online calculators available, like this one.
how do I access the federal subsidies?
to get a federal grant, you have health insurance through your state's buying marketplace.
Each state has a website where you can see and compare policies to enroll in a plan, and get the federal subsidy for your health insurance. A licensed health insurance broker is a great resource for the help of a health plan to select. your state marketplace Check out here.
How can my employer help?
Your employer can help with the cost of your individual health insurance, and allows you to qualify for federal grants in question to a plan with up to you of your premium to reimburse costs.
This type of plan is called a defined contribution plan, premium refund program or a healthcare reimbursement plan.
look at this example of how employers can help.
Questions about the federal subsidies? Leave a comment below.
0 Komentar