Are you eligible for a subsidy? 

Are you eligible for subsidies?

Many people who buy individual insurance can get financial help, called a subsidy. This can help you pay premiums and out-of-pocket costs. There are two kinds of subsidies:

Premium tax credits

Tax credits can lower your monthly premium. You qualify if your income is 100 to 400 percent of the federal poverty level. You can use this credit to enroll in any metal level (platinum, gold, silver, or bronze) plan.

Cost share reduction (CSR) programs

CSR plans help cut your out-of-pocket costs. They give you a discount that lowers your deductibles, copays, and co-insurance. For the discount to apply, you must enroll in a silver metal level plan.

See if you qualify

You must buy your plan through your state's health insurance marketplace to qualify. Your income and other household information determine the assistance you get. You can find help with your application at your state's health insurance marketplace.

The American Rescue Plan Act of 2021 has expanded eligibility for health care subsidies. The Centers for Medicare & Medicaid Service has more information on these changes. Read more at CMS.gov.

See if you qualify for assistance at HealthCare.gov.

Want to know more?

Find out more about coverage, costs, and other insurance basics.
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