Health Insurance

Obamacare / Affordable Care Act Subsidy Calculator

Obamacare / Affordable Care Act Subsidy Calculator

Find Cheap Health Insurance Quotes in Your Area

Currently insured?

Our ACA subsidy calculator can help you determine the amount your household is required to spend on health insurance purchased through your state exchange. By entering your household size, income and state of residence, we can calculate your estimated subsidy for the current policy year.

The amount of subsidies your household may receive depends on the number of people in your household and your household income as it relates to the federal poverty level. The federal Obamacare subsidies assist households that earn up to 400% of the federal poverty level.

Health Insurance Subsidy Calculator


Your health insurance estimated subsidy


More information about your subsidy:

Income vs. federal poverty level



Your cost for a Silver Plan



Your cost without the subsidy



What is the Affordable Care Act (ACA) subsidy?

The Affordable Care Act (ACA) subsidies are tax credits that allow you to pay less for marketplace health insurance.

A marketplace health plan is a policy purchased on your state's health insurance exchange. These plans are classified by metal tier and vary from Catastrophic coverage to Platinum care. This type of health insurance is available each year during the annual open enrollment period. However, if you have a qualifying life event, you may be eligible for a special enrollment period, which would give you one-time access to your state health insurance exchange.

Examples of qualifying events include:

  • Loss of health care coverage
  • Changes in household
  • Changes in residence

How does the ACA subsidy work and who is eligible?

ACA subsidies are available for low- to middle-income households that have enrolled in individual health insurance plans. Specifically, if you have a household income of less than 400% of the federal poverty level (FPL), then you may be eligible for these health insurance subsidies.

Below is the FPL for the 2021 policy year. It is important to note that for families larger than eight persons, you would add $4,540 to the FPL income:

Household size
Federal poverty level income

For example, if you have four individuals in your household, if you make less than $106,000 per year, you may be eligible for premium tax credits. This was calculated by taking the $26,500 poverty level and multiplying it by 400% to get the subsidy income maximum amount ($26,500 x 400% = $106,000).

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.