I can get minimal health coverage at my employer, but the cost is prohibitive. I simply cannot afford it. I make about $30,000 a year for a family of four. How will Obamacare work for me?


If employer-sponsored coverage costs more than 9.5% of your income, then you can get cost assistance on the Marketplace. If it costs more than 8% on average for your family then you are exempt and should apply for an affordability exemption with the Marketplace.

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michael gallagher on

My employer pays for my health insurance. I have to pay for my wife’s insurance costing me $650 per month. This $650 monthly payment is more than 9.5% of our income. Can my wife get cost assistance through the exchange?