Monday, September 28, 2015

Updated Income Threshold - Tax Credit Eligible on Health Premiums

2015 Federal Poverty Level Chart*

The Department of Health & Human Services (HHS) issues poverty guidelines that are often referred to as the “federal poverty level” (FPL). The Federally-facilitated Marketplace will use the 2015 guidelines when making calculations for the insurance affordability programs starting November 1, 2015.  Fall UNDER the 400% level at your household size and you may be eligible for upfront discounts on your premiums. Contact us www.mosaicemployeebenefits.com for assistance with your application, discount, and plan options. 

Household Size
100%
138%**
150%**
200%**
250%**
300%**
400%**
1
$11,770
$16,243
$17,655
$23,540
$29,425
$35,310
$47,080
2
15,930
21,983
23,895
31,860
39,825
47,790
63,720
3
20,090
27,724
30,135
40,180
50,255
60,270
80,360
4
24,250
33,465
36,375
48,500
60,625
72,750
97,000
5
28,410
39,206
42,615
56,820
71,025
85,230
113,640
6
32,570
44,947
48,855
65,140
81,425
97,710
130,280
7
36,730
50,687
55,095
73,460
91,825
110,190
146,920
8
40,890
56,428
61,335
81,780
102,225
122,670
163,560

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