Step 1
Discover whether you qualify for a subsidy. Individuals whose incomes fall to less than 400 percent of the federal poverty level are eligible to receive an APTC (advanced premium tax credit). This money is applied up front to reduce your health insurance cost. Individuals whose incomes fall to less than 250 percent of the federal poverty level are eligible for a cost share reduction. This reduction decreases out-of-pocket cost for services in addition to the APTC.
To find out whether you’re eligible for an APTC or cost share reduction, use BeneFinder’s Subsidy Calculator, which will calculate how much subsidy or cost share assistance for which you’re eligible.
View Our Subsidy Calculator
Note: Subsidy and cost share reductions are available for individuals who do not have access to “affordable” employer-sponsored health insurance. To find out whether your employer-sponsored health insurance is affordable, our Subsidy Calculator will ask a few questions to determine whether your existing coverage has been deemed “affordable” by the Affordable Care Act’s requirements.