How Do You Know If You Qualify for ObamaCare?


Quick Answer

Most Americans can sign up for health insurance through exchanges set up by the Affordable Care Act, commonly called ObamaCare, according to ABC News. To determine if you qualify for tax credits, look at how much income you make compared to the Federal Poverty Level.

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Full Answer

Federal poverty guidelines are calculated by considering the total household income and number of members, according to the U.S. Department of Health and Human Services. For example, as of 2015, a single person making less than $11,770 is below the Federal Poverty Level. People making up to 400 percent of the Federal Poverty Level may be eligible for tax credits and cost assistance to help offset the cost of health insurance under the Affordable Care Act, according to ObamaCareFacts. Online calculators, such as the one provided by the Kaiser Family Foundation, may help you determine your eligibility.

Some states have also chosen to expand their Medicaid programs through the Affordable Care Act. In general, people who make less than 138 percent of the Federal Poverty Level are eligible for Medicaid, as claimed by ObamaCareFacts. The Affordable Care Act also extended the time children can stay on their parents' insurance plans, so if you are less than 26 years old, you may qualify for that.

Some citizens are not eligible for coverage under ObamaCare. These include people who are currently incarcerated or who live outside of the United States, according to HealthCare.gov.

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