For those who qualify, two kinds of subsidies can help pay for health insurance purchased on the Exchanges.
- A monthly premium assistance tax credit can lower your premium.
- Cost-sharing assistance can limit a person's maximum out-of-pocket costs and may
reduce your deductibles, coinsurance and co-payments.
For example, when it comes to lower premiums, you would fill out your Marketplace application and then, based on your income and family size, the prices
shown for plan premiums would reflect the lower costs you would be eligible for. In general, people at or below the following income levels
will qualify to save on premiums in 2014.
Please see an explanation of how income is calculated in our FAQs.
Eligible for a subsidy?
To find out, use this calculator on the UC Berkeley site.