Exchange Overview
In 2010 President Obama passed the Affordable Care Act (ACA), which allows for all Americans to enroll in health insurance and receive an affordable medical plan. The plan cost is based on an individual or family’s household income. Essentially, a person earning less money will pay less for their coverage. The law also provides lower income households with lower deductibles.
Overview to Alabama Health Insurance
The first step is to determine if your income qualifies for a reduced health insurance premium. Here is a chart to offer some guidance of typical income levels to qualify for Federal aid in Alabama. Higher incomes may still be eligible for subsidy, but this chart will help consumers understand the ranges of income:
- Individual: Earning $13,590 and under $54,000
- Family of 2: Earning $18,310 and under $73,000
- Family of 3: Earning $23,300 and under $92,000
- Family of 4: Earning $27,750 and under $111,000
- Family of 5: Earning $32,470 and under $129,000
- Family of 6: Earning $37,190 and under $148,000
- Family of 7: Earning $41,910 and under $167,000
If you or your family’s earnings fit within these limits either schedule a phone call to help process your reduced rate or view
Alabama health exchange plans (Notice: If you view quotes you must click the “Estimate Subsidy” to have an idea of what your reduced rate would be).