Help is available to pay for insurance
Financial assistance will be available to help many Americans afford quality health coverage.
For Illinois Residents
The amount of financial assistance a consumer qualifies for is based on their income and family size. For example, an individual making less than $15,900, and a family of four earning less than $32,500, will qualify for free or low-cost Medicaid coverage. An individual making between $15,900 and $47,000, and a family of four earning between $32,500 and $94,000 will qualify on a sliding scale for financial assistance to help buy private insurance in the Marketplaces. For those who qualify, the average annual tax credit for an individual will be $5,290.
For Wisconsin Residents
The amount of financial assistance a consumer qualifies for is based on their income and family size. For example, an individual making less than $11,450, and a family of four earning less than $23,550, will qualify for free or low-cost Medicaid coverage. An individual making between $11,450 and $47,000, and a family of four earning between $23,550 and $94,000 will qualify on a sliding scale for financial assistance to help buy private insurance in the Marketplaces. For those who qualify, the average annual tax credit for an individual will be $5,290.
To determine how much assistance you may qualify for, here is a subsidy calculator from Kaiser Family Foundation.
Please click here for more facts about the Health Insurance Marketplace.