Subsidy Calculator

The Kaiser Foundation has come out with this subsidy Calculator that shows an estimate of what Premium Assistance for coverage in the Exchanges or Marketplaces. http://kff.org/interactive/subsidy-calculator This tool illustrates health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges (or Marketplaces) creasted by the Affordable Care Act (ACA). Beginning October 2013, middle-income people under age 65, who are not eligible for coverage through their employer, Medicaid, or Medicare, can apply for tax credit subsidies available throught state based exchanges. IMPORTANT - Those who are NOT eligible for coverage through their employer! Additionally, states have the option to expand their Medicaid programs to cover all people makeing up to 138% of the federal poverty level (which is about $33,000 for a family of four). In state that opt out of expanding Medicaid, some people making below this amount will still be eligible for Medicaid, some will be eligible for subsidized coveage through Maretplaces, and others will not be eligible for subsidies.