Health Insurance Subsidies Explained | |
The Affordable Care Act (ACA) will require nearly all legal residents of the U.S. to obtain “minimal essential” health coverage starting in 2014. To make coverage more affordable, the law makes subsidies available to individuals and families whose incomes are up to 400 percent of the poverty level, or about $46,000 per year for a single person. [October 2013, 287 word article] |