The government is providing advance tax credits, or subsidies, to help qualifying individuals who purchase their own insurance, including working families. The subsidies will be based on how much money you make each year, the number of people in your family, and the age of the people in your family. If you qualify for financial assistance, you may be able to get one of the following:
- Health insurance through Medical Assistance, also known as Medicaid
- Lower monthly premium costs plus a break on the cost-sharing you pay each time you need medical care
- Lower monthly premium costs
The chart below shows guidelines for health care subsidy (tax credit) eligibility. If your yearly income is at or below the threshold shown below, then you may qualify for a subsidy. The enrollment process will include checking whether you are eligible.
||Yearly income threshold
Find out if you are eligible for financial help.