ACA Income Table: Do I Qualify for a Subsidy?
(Note: Higher income limits for 2021 and 2022!)
| January 2021 OREGON POVERTY GUIDELINES | |||||||
| Number of persons in family/household who are included on your Federal tax return | Poverty guideline (100% of FPL) | 138% of FPL (below this limit, adults may qualify for OHP) | Between 138% and 150% may qualify for CSR 3* | Between 150% and 200% may qualify for CSR 2 | Between 200% and 250% may qualify for CSR 1 | 305% of FPL (below this limit, children may qualify for OHP) | |
| 1 | $12,880 | $17,774 | $19,320 | $25,760 | $32,200 | $39,284 | $***** |
| 2 | $17,420 | $24,040 | $26,130 | $34,840 | $43,550 | $53,131 | $***** |
| 3 | $21,960 | $30,305 | $32,940 | $43,920 | $54,900 | $66,978 | $***** |
| 4 | $26,500 | $36,570 | $39,750 | $53,000 | $66,250 | $80,825 | $***** |
| 5 | $31,040 | $42,835 | $46,560 | $62,080 | $77,600 | $94,672 | $***** |
| 6 | $35,580 | $49,100 | $53,370 | $71,160 | $88,950 | $108,519 | $***** |
| 7 | $40,120 | $55,366 | $60,180 | $80,240 | $100,300 | $122,366 | $***** |
| 8 | $44,660 | $61,631 | $66,990 | $89,320 | $111,650 | $136,213 | $***** |
| *CSR means that in addition to receiving a tax credit/subsidy to help purchase your plan, your plan is enhanced. Silver plans only. | |||||||
Since January 2014 in Oregon, adults with household incomes lower than 400% of the Federal Poverty Level or ‘FPL’ might be eligible for a tax credit via the Affordable Care Act. This strict 400% of FPL limit remained true through the end of 2020.
In 2021, the American Rescue Plan ACT was passed. Starting in March of 2021, Oregonians who make more than 400% of the FPL may now qualify for a tax credit.
Up until now, income in relation to the FPL was the main factor in determining tax credit eligibility. Now, your age, the number of people applying for coverage, and your income play a more important role in tax credit determination.
This means that under the new rules, the older you are, the more you can earn & still qualify for a tax credit.
Click the link below to see how much of a tax credit you may now be eligible to receive.
https://www.kff.org/interactive/subsidy-calculator/
If you have any questions please contact your agent.