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This page features a 2024 ObamaCare eligibility chart, the 2023 federal poverty level used for 2024 subsidies, and a subsidy calculator.
Take your adjusted gross income amount and add any untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest. Don’t add any Supplemental Security Income (SSI) you got. For many people, their MAGI is the same as or very close to their adjusted gross income.
What are the income limits to qualify for an Obamacare (ACA) plan? Household income determines what you pay for Obamacare and how much you save. You qualify for a subsidy based on how your household income compares to the federal poverty level. The ACA uses your modified adjusted gross income (MAGI) to determine savings.
Get all HHS poverty guidelines for 2024. Income above 400% FPL: If your income is above 400% FPL, you may now qualify for premium tax credits that lower your monthly premium for a 2024 Marketplace health insurance plan.
People who don’t have health insurance from an employer plan can buy health insurance from a marketplace under the Affordable Care Act (ACA), also known as Obamacare.
Obamacare income limits for 2024 help make health insurance more affordable for various income levels. Households earning between 100% and 400% FPL, and sometimes beyond, can qualify for subsidies that lower their monthly health insurance costs.
Check if you might save on Marketplace premiums, or qualify for Medicaid or Children's Health Insurance Program (CHIP), based on your income. Or, find out who to include in your household and how to estimate income before you apply.