Estimated Income Levels
Tax Credits for Premiums
| Income Level |
Premium as a Percent of Income |
| Up to 133% FPL | 2% of Income |
| 133-150% FPL | 3-4% of Income |
| 150-200% FPL | 4-6.3% of Income |
| 200-250% FPL | 6.3-8.05% of Income |
| 250-300% FPL | 8.05-9.5% of Income |
| 300-400% FPL | 9.5% of Income |
*FPL = Federal Poverty Level
In general, people at the following income levels will qualify for a tax credit in 2014. (The amounts below are based on 2013 numbers and are liekly to be slightly higher in 2014)
- Up to $45960 for individuals
- Up to $62,040 for a family of two
- Up to $78,120 for a family of three
- Up to $94,200 for a family of four
- Up to $110,280 for a family of five
- Up to $126,360 for a family of six
- Up to $142,440 for a family of seven
- Up to $158,520 for a family of eight
In addition to the Advance Premium Tax Credit, households that earn up to 250% of the federal poverty level may be eligible for cost-sharing subsidies that are designed to lower the cost of out-of-pocket expenses.
Health insurance companies offering coverage through the Marketplace must lower the amount you pay out of pocket for essential health benefits if your household income is below the following amounts. (Incomes below are based on 2013 numbers. They are likely to be slightly higher in 2014)
- Up to $28,725 for individuals
- Up to $38,775 for a family of two
- Up to $48,825 for a family of three
- Up to $58,875 for a family of four
- Up to $68,925 for a family of five
- Up to $78,975 for a family of six
- Up to $89,025 for a family of seven
- Up to $99,075 for a family of eight
*Savings only applicable to silver plans.