Subsidy (Individual Health Coverage)

A support provided by the government that helps people and families with low to middle income pay for their health coverage when they purchase it through Healthcare.gov. This support means that individuals and families may qualify to get health plans with lower premiums and other expenses.

Families with income at or below 400% of the Federal Poverty Guidelines (FPG), $49,960 for an individual in 2020 ($103,000 for a family of four), may get federal tax subsidies to help pay for their health coverage premium.

Families with income at or below 250% of FPG, $31,225 for an individual ($64,375 for a family of four), may also get qualify to get health coverage with lower expenses, such as reduced copayments, coinsurance, or deductibles, as long as they choose to get a silver plan.