Idaho

Bringing the Economy Home

Will You Be Eligible For A Tax Credit Under The Affordable Care Act?

We published a post last week about the effects of the Affordable Care Act on Idaho’s uninsured. In it, we mentioned that federal tax credits will be available to people purchasing insurance through health insurance exchanges, if their incomes are less than four times the federal poverty level.  For a family of four, 400 percent of the 2012 federal poverty level is $92,200.

After that post went up, we got a tweet from a reader asking about the subsidy thresholds for other family sizes.  Here you go:

Family Size
Federal Poverty Level
400% of Federal Poverty Level
1$11,170$44,680
2$15,130$60,520
3$19,090$76,360
4$23,050$92,200
5$27,010$108,040
6$30,970$123,880
7$34,930$139,720
8$38,890$155,560

Source: U.S. Department of Health and Human Services 2012 Poverty Guidelines

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