In addition to a premium credit, your income qualifies you to save on the out-of-pocket costs you pay whenever you get health care, like deductibles and copayments. But you get these additional savings only if you buy a plan in the Silver category.
Articles in this section
- 2021 American Rescue Plan Lowers Obamacare Premiums Immediately
- Who should I include in my household to determine subsidy?
- Are Subsidies Going Away in 2021?
- Do I need to include income of people in my household who don’t need insurance?
- How do I apply for a subsidy if I don't know my income?
- How do I estimate my income to get health insurance subsidies?
- How to Calculate Your Modified Adjusted Gross Income
- I Received a Bigger Subsidy than I Should Have because my Income Was Higher. Do I Have To Pay a Penalty?
- I've read that the IRS has no recourse for collecting from those who refuse to pay the Obamacare penalty. Has anyone tested this out?
- If I don't plan to file a federal income tax return for 2020, can I still get a subsidy?