What is the maximum income for ObamaCare?


Answer

For 2020 coverage, those making between $12,490- $49,960 as an individual, or $25,750-$103,000 as a family of 4, qualify for ObamaCare. For 2021, those making between $12,760- $51,040 as an individual, or $26,200-$104,800 as a family of 4, qualify.

Minimum and maximum income for ObamaCare cost assistance is based on the Federal Poverty Level for the previous year. See the Federal Poverty Guidelines for more details.

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Billy on

What if someone lied about having affordable insurance from work to get subsidies? Would they still be subject to the repayment caps or have to pay back everything? Even if they are low income?

ObamaCareFacts.com on

That is a very interesting question. The way the rules are written they would be subject to the repayment cap, but they would also be in danger getting in trouble for tax fraud if somehow it was proven they knowingly lied. This is probably a question for a lawyer though.