1. 230 POINTS
    Wayne Morris
    Owner/Broker, USA Insurance Brokers, Arizona
    Yes, there are tax credits or premium subsidies available for qualifying individuals and families with a Modified Adjusted Gross Income over 150% and below 400% of the Federal Poverty Level. Those with income under 150% may be eligible for Medicaid. In order to qualify, you cannot have an option for Employer Group coverage.
    Answered on September 5, 2014
  2. 1450 POINTS
    Fred AdamsPRO
    The HSA Expert, Health Revival, Athens, GA
    If you earn less than 400% of the Federal Poverty Level, you do not have access "affordable" group coverage, and you purchase health insurance through a state or federal exchange, then you are eligible to receive a tax credit for having health insurance. This credit can be taken in advance (lowering your monthly premium payment) or after the fact (as part of your tax return).
    Answered on September 5, 2014
  3. 50 POINTS
    Terry Denesha
    Business Advisor, Denesha Insurance Agency, California
    2015 in California, individuals qualify for subsidy if they are between 138% and 400% of the federal poverty level and are not eligible for creditable and affordable coverage elsewhere. Insurance plan needs to be purchased thru Covered California Exchange. As stated above.

    Businesses may be eligible for a Tax Credit. To qualify, company needs to have fewer than 25 employees. Average employee salary less than $50,000. Excluding owners. Employer pay at least 50% of health care premium. You will need to offer coverage thru SHOP marketplace. In Califonria, that would be Covered California.

    The tax credit can be up to 50% of employer contribution.

    I was looking for area that i could post 2015 Individual Subsidy Income Guideline that is handy when reviewing options?
    Answered on December 20, 2014
  4. 836 POINTS
    Kyla Beamon
    Insurance Concierge, M&G Insurance, Lake Oswego Oregon
    Keep in mind that, even if your income is between 150-400% of the Federal Poverty level, and you "should" receive a subsidy, if the second lowest silver plan is deemed affordable you will not receive a Subsidy. So, if the 2nd lowest Silver plan cost is less than 9.5% of your income then even if you might qualify for a subsidy, you will not.
    Answered on August 19, 2015
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