Affordable Care Act Subsidy Calculator

Affordable Care Act (ACA) Subsidy Calculator body { font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif; background-color: #f8f9fa; color: #333; line-height: 1.6; margin: 0; padding: 20px; } .aca-calc-container { max-width: 800px; margin: 30px auto; background-color: #ffffff; border-radius: 8px; box-shadow: 0 4px 15px rgba(0, 74, 153, 0.1); padding: 30px; border: 1px solid #e0e0e0; } h1, h2 { color: #004a99; text-align: center; margin-bottom: 25px; } .input-group { margin-bottom: 20px; display: flex; flex-wrap: wrap; align-items: center; gap: 15px; } .input-group label { flex: 1 1 150px; /* Grow, shrink, basis */ min-width: 120px; /* Minimum width for label */ font-weight: bold; color: #004a99; text-align: right; } .input-group input[type="number"], .input-group select { flex: 2 1 200px; /* Grow, shrink, basis */ padding: 10px 15px; border: 1px solid #ccc; border-radius: 4px; font-size: 1rem; box-sizing: border-box; /* Include padding and border in the element's total width and height */ } .input-group input[type="number"]:focus, .input-group select:focus { border-color: #004a99; outline: none; box-shadow: 0 0 0 2px rgba(0, 74, 153, 0.2); } button { display: block; width: 100%; padding: 12px 20px; background-color: #28a745; color: white; border: none; border-radius: 5px; font-size: 1.1rem; font-weight: bold; cursor: pointer; transition: background-color 0.3s ease; margin-top: 10px; } button:hover { background-color: #218838; } .result-container { margin-top: 30px; padding: 25px; background-color: #e9ecef; border-radius: 5px; text-align: center; border: 1px solid #d0d0d0; } .result-container h3 { margin-top: 0; color: #004a99; } .result-value { font-size: 2rem; font-weight: bold; color: #28a745; margin-top: 10px; } .eligibility-message { font-size: 1.2rem; font-weight: bold; margin-top: 15px; color: #dc3545; /* Red for potential ineligibility or caution */ } .aca-article { margin-top: 40px; padding: 25px; background-color: #fdfdfd; border-radius: 5px; border: 1px solid #eee; } .aca-article h2 { color: #004a99; text-align: left; margin-bottom: 15px; } .aca-article p, .aca-article ul, .aca-article li { margin-bottom: 15px; color: #444; } .aca-article strong { color: #004a99; } @media (max-width: 600px) { .input-group { flex-direction: column; align-items: stretch; } .input-group label { text-align: left; margin-bottom: 5px; } .input-group input[type="number"], .input-group select { width: 100%; flex: none; } }

Affordable Care Act (ACA) Subsidy Calculator

Estimate your eligibility for ACA premium tax credits (subsidies).

Your Information

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming District of Columbia

Your Estimated Subsidy

Understanding ACA Premium Tax Credits (Subsidies)

The Affordable Care Act (ACA), often referred to as Obamacare, provides financial assistance to help individuals and families purchase health insurance through the Health Insurance Marketplace. This assistance comes in the form of Premium Tax Credits (PTCs), also known as subsidies. These credits are designed to reduce your monthly health insurance premium costs.

The amount of subsidy you receive is determined by your Modified Adjusted Gross Income (MAGI), household size, and the cost of health insurance in your area. Generally, individuals and families with incomes between 100% and 400% of the Federal Poverty Level (FPL) are eligible for these subsidies. For 2024, the 400% FPL line is approximately $59,640 for an individual and $122,880 for a family of four. Those with incomes above 400% FPL may still be eligible if they do not have access to affordable, minimum-value employer-sponsored coverage or government-sponsored coverage.

How the Subsidy is Calculated (Simplified):

  • Determine Income Percentage: Your household income is compared to the Federal Poverty Level (FPL) for your household size. The FPL varies by year and state (especially Alaska and Hawaii).
  • Find Your Expected Contribution: The ACA dictates a maximum percentage of your household income you should be expected to pay for a benchmark "silver" plan. This percentage increases as your income rises. For example, in 2024, if your income is at 150% FPL, you might be expected to pay around 4% of your income for health insurance, while at 400% FPL, it might be around 9.5%.
  • Calculate Premium Assistance: The subsidy is the difference between the cost of the benchmark silver plan premium and your expected contribution. Subsidy Amount = Benchmark Silver Plan Premium – (Your Income Percentage of MAGI)
  • Additional Savings (Cost-Sharing Reductions): If your income is below 250% of the FPL, you may also qualify for Cost-Sharing Reductions (CSRs). These lower your out-of-pocket costs like deductibles, copayments, and coinsurance when you use doctors and facilities within the plan's network.

Important Considerations:

  • This calculator provides an estimate. Your final subsidy amount will be determined by the Health Insurance Marketplace after you submit a formal application and verify your income and household information.
  • Income figures used are typically Modified Adjusted Gross Income (MAGI). This includes most but not all income sources.
  • State Medicaid expansion also plays a role. If your state has expanded Medicaid and your income falls below a certain threshold (typically 138% FPL), you may be eligible for Medicaid instead of an ACA subsidy for Marketplace plans.
  • The benchmark plan used for calculation is usually the second-lowest cost silver plan (SLCSP) available in your area. Prices vary significantly by location.

Using this calculator can help you understand your potential savings and make informed decisions about your health insurance options.

function calculateSubsidy() { // Get input values var householdIncome = parseFloat(document.getElementById("householdIncome").value); var householdSize = parseInt(document.getElementById("householdSize").value); var state = document.getElementById("state").value; // Clear previous results and messages document.getElementById("subsidyResult").textContent = ""; document.getElementById("eligibilityMessage").textContent = ""; document.getElementById("explanation").textContent = ""; document.getElementById("resultContainer").style.display = "none"; // — Input Validation — if (isNaN(householdIncome) || householdIncome < 0) { alert("Please enter a valid annual household income."); return; } if (isNaN(householdSize) || householdSize 8) { // Extend for larger families using the increment fplForHousehold = (fplData[state]["8"] || baseFPL) + (householdSize – 8) * increment; } } if (!fplForHousehold) { alert("Could not determine FPL for your state and household size. Please try again or consult official sources."); return; } var fplPercentage = (householdIncome / fplForHousehold) * 100; var incomeLimitForMedicaid = fplForHousehold * 1.38; // Approx. 138% FPL for Medicaid eligibility in expansion states // — Determine Expected Contribution Percentage (Illustrative 2024 ranges) — // Source: https://www.healthcare.gov/lower-premiums/premiums-and-cost-savings/ var expectedContributionPercent; if (fplPercentage = 100 && fplPercentage = 150 && fplPercentage = 200 && fplPercentage = 250 && fplPercentage = 300 && fplPercentage = 350 && fplPercentage = 400) { expectedContributionPercent = null; // Not eligible for PTCs based on income alone (may have other eligibility) } var resultHtml = ""; var eligibilityText = ""; var explanationText = ""; // — Determine Benchmark Plan Cost (Illustrative Average – this varies WIDELY by location) — // This is a placeholder. Real calculations use state-specific benchmark plan costs. // Average benchmark silver plan cost is highly variable. Using a rough estimate. var avgBenchmarkSilverCostPerPerson = 550; // Monthly average cost per person for a benchmark silver plan var estimatedBenchmarkPlanCost = avgBenchmarkSilverCostPerPerson * householdSize; if (expectedContributionPercent !== null && fplPercentage < 400) { var maxOwnContribution = householdIncome * expectedContributionPercent; var estimatedSubsidy = estimatedBenchmarkPlanCost – maxOwnContribution; // Ensure subsidy is not negative if (estimatedSubsidy < 0) { estimatedSubsidy = 0; } resultHtml = "$" + estimatedSubsidy.toFixed(2) + " per month"; explanationText = "Your estimated maximum monthly premium subsidy is calculated based on your income being " + fplPercentage.toFixed(1) + "% of the Federal Poverty Level. You are expected to contribute " + (expectedContributionPercent * 100).toFixed(2) + "% of your income towards a benchmark silver plan ($" + maxOwnContribution.toFixed(2) + "/month). The total estimated cost of the benchmark plan is $" + estimatedBenchmarkPlanCost.toFixed(2) + "/month."; if (fplPercentage = 400) { resultHtml = "N/A"; eligibilityText = "Your income is above 400% FPL. Based on income alone, you are not eligible for standard ACA premium tax credits. However, eligibility rules can be complex. Check if you qualify due to lack of affordable employer coverage."; explanationText = "Premium tax credits are typically available for incomes up to 400% of the Federal Poverty Level. There are exceptions, particularly if you are ineligible for employer-sponsored health coverage."; } else { // fplPercentage < 100 resultHtml = "N/A"; eligibilityText = "Your income is below 100% FPL. You are likely eligible for Medicaid or CHIP in your state. Please check with your state's Medicaid agency."; explanationText = "Individuals and families below 100% FPL generally qualify for Medicaid or CHIP, rather than ACA premium tax credits. Eligibility thresholds vary slightly by state, especially regarding Medicaid expansion."; } document.getElementById("subsidyResult").textContent = resultHtml; document.getElementById("eligibilityMessage").textContent = eligibilityText; document.getElementById("explanation").textContent = explanationText; document.getElementById("resultContainer").style.display = "block"; }

Leave a Comment