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Health Insuranace Premium Subsidy Calculator

Posted on February 24, 2013 · Posted in health care reform

How Much Will a Family Save Under the New Federal Health Law?

Under the Affordable Care Act, beginning in 2014, many individuals and families will be eligible to receive subsidized coverage in the Exchange if they are not eligible for Medicare, Medicaid or the Children’s Health Insurance Program or not offered affordable coverage through their employer.

Enter family income, size and age of youngest adult and this interactive calculator estimates how much eligible individuals and families will spend on premiums and maximum out-of-pocket costs for an Exchange health plan under the law. The calculator also indicates income-eligibility for Medicaid.

The estimated federal premium subsidy shown below indicates the amount a family will save on monthly premiums, compared to what they would pay in the individual market without subsidies.

http://laborcenter.berkeley.edu/healthpolicy/calculator