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Americans with incomes over 400% of poverty — those who make just above four times the poverty level, or $103,280 for a family of four — are eligible for the enhanced ACA insurance subsidies.
CBO cited ACA's expanded eligibility for Medicaid and subsidies and tax credits that rise with income as disincentives to work, so repealing ACA would remove those disincentives, encouraging workers to supply more labor, increasing the total number of hours worked by about 1.5% over the 2021–2025 period.
Under the ACA, only those households earning between 100% and 400% of the federal poverty level (FPL) are eligible to receive the PTC; however, the American Rescue Plan Act of 2021 temporarily extended PTC eligibility to anyone making more than 100% of the FPL, and the Inflation Reduction Act extended that eligibility expansion through 2025. In ...
The 2010 Affordable Care Act encouraged states to expand Medicaid programs to cover more low-income Americans who didn’t get health insurance through their jobs.
[31] [38] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [39] States may choose to increase the income eligibility limit beyond this minimum requirement. [39] As written, the ACA withheld all Medicaid funding from states declining to participate in the expansion.
Learn about the plans and eligibility here. ... children under the age of 18 years whose household income is at or below 138% of the federal poverty level ... The Affordable Care Act (ACA) of 2012 ...
In participating states, Medicaid eligibility is expanded; all individuals with income up to 133% of the poverty line qualify for coverage, including adults without dependent children. [82] [88] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [89]
Guessing the future poverty line is like trying to hit a moving target. There are a lot of economic factors at play, like inflation, how much wages grow, what the government decides to do in ...