Premium Credit Subsidies
Eligibility
For individuals with no or unaffordable employer-provided coverage. Individuals and families with incomes between 133 – 400% of the federal poverty level are eligible for premium credit subsidies IF they are not covered by Medicaid, Medicare, VA, Tricare and ESI.
Amount of subsidy
The amounts vary by income as a percent of poverty and number of persons in the family. Subsidy amounts are presented for a family of four in the table below:
| Income as percent of poverty | Annual income for a family of four | Premium contribution as a percent of income | Monthly dollar amount for family of four |
|---|
| 133% |
$29,326 |
3% |
$73 |
| 150% |
$33,075 |
4% |
$110 |
| 200% |
$44,100 |
6.3% |
$232 |
| 250% |
$55,125 |
8.05% |
$372 |
| 300% |
$66,150 |
9.5% |
$524 |
| 350% |
$77,175 |
9.5% |
$610 |
| 400% |
$88,200 |
9.5% |
$608 |
Effective date
2014