The purpose of this subsidy calculator is to provide Americans with the ability to quickly determine if they are eligible for subsidized health insurance under the Affordable Care Act. The subsidy rates provided on SubsidyCalculator.com are estimates. Our calculation is based upon the federal poverty level data provided by the government annually.
It is important to note that the absolute best way for you to determine with 100% certainty the total amount that you may be eligible for is to speak with a licensed health insurance agent.
Due to the complexities of some family circumstances, it may be easy to overlook some of the smaller details that could result in an inaccurate approximation of the household’s total taxable income. Additionally, many families often end up claiming younger adults (18 to 25) as a dependent when it might be more advantageous for them not to do so. In some cases individual dependents simply might be better off not being claimed as a dependent, and simply obtain their own health insurance through the exchange.
These are just some of the very common scenarios individuals can face when trying to determine what options are truly best for their family and this is why we encourage anyone using SubsidyCalculator.com to consult with a licensed health insurance professional to determine their final subsidy amount. It could very well mean the difference between paying thousand of dollars more or less for required health insurance.
Speak With A Healthcare Specialist 1-800-404-5891