Health Insurance Tools
Health Exchange Guides
- What is a Health Insurance Exchange?
- Understanding the ACA Subsidies
- Cost Sharing Reductions
- Minimum Essential Coverage
- What Is An Insurance Rating Area?
- The Individual Mandate and Penalties
- Inpatient vs Outpatient Care and Coverage
- Copay vs Coinsurance
- Average Cost of Health Insurance
- How Age Affects Your Health Insurance Costs
Visualizations and Data
Affordable Care Act Subsidy Calculator
ValuePenguin.com's ACA subsidy calculator will help you determine the amount your household is required to spend on health insurance purchased on the individual exchange. The amount of subsidies your household may receive is dependent upon the number of people in your household and your household income as it relates to the federal poverty level. The federal subsidies will assist households that earn up to 400% of the federal poverty level.
For a more thorough explanation of how your individual exchange subsidies are calculated, read our guide: Understanding the ACA Subsidies
Enter your household information
The ACA uses Modified Adjusted Gross Income for the purposes of subsidy calculations.
| Household Income | |
|---|---|
| Number of people in the household |
|
Subsidy Results
| Household Income as a % of Federal Poverty Level |
Your household income as it relates to the federal poverty level. This is used to determine your eligibility and size of tax credits. |
|---|---|
| Premium Cap as % of Income |
The percentage of your annual household income you are responsible for contributing towards the second cheapest available silver plan. |
| Annual Premium Cap |
The annual dollar amount you are responsible for contributing towards the second cheapest available silver plan. |
| Monthly Premium Cap |
The monthly dollar amount you are responsible for contributing towards the second cheapest available silver plan. |