Getting Financial Help

Abstract

Eligibility for tax credits is based on a standard, called the “federal poverty level,” based on family income and size. The size of the tax credit is based on a sliding scale, with those who make less money getting larger financial support to lower the cost of their insurance coverage. Individuals and families who make between 138 percent and 400 percent of the federal poverty level — an individual making up to $44,680 and family of four earning up to $92,200 — may be eligible for subsidies and tax credits.