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Will I qualify for the health care subsidy?


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The BIDaWIZ Team's Answer:

It's possible, even if you aren't poor. It's estimated that about 25 million Americans will qualify for the subsidy. Specifically, you need to earn less than 400% of the federal poverty level or $45,960 for singles and $94,200 for a family of four. The way the formula works is that as you earn more, you will receive less of a federal subsidy. However, the subsidy can easily translate into the several thousand dollar range. It's important to note that you need to shop the exchanges to receive the subsidy.

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