Yes, we know, nobody likes having to pay more for health insurance. There is a way to buy AND get tax credits. Here is a chart that can be handy in determine tax credits as well as ways your accountant can advise on getting small business owners plans.
|
Number of Persons in Family
|
Income at 100% of FPL (2014)
|
Income at 400% of FPL (2014)
|
|
1
|
$11,670
|
$ 46,690
|
|
2
|
$15,730
|
$ 62,920
|
|
3
|
$19,790
|
$ 79,160
|
|
4
|
$23,850
|
$ 95,400
|
|
5
|
$27,910
|
$111,640
|
|
6
|
$31,970
|
$127,880
|
|
7
|
$36,030
|
$144,120
|
|
8
|
$40,090
|
$160,360
|
|
FPL rates in Alaska and Hawaii are slightly higher.
|
|
Federal Poverty Level
|
Maximum Premium Contribution as a % of Income
|
|
|
100%
|
2.0%
|
|
|
133.0%
|
2.0%
|
|
|
133.01%
|
3.0%
|
|
|
150%
|
4.0%
|
|
|
200%
|
6.3%
|
|
|
250%
|
8.05%
|
|
|
300%
|
9.5%
|
|
|
350%
|
9.5%
|
|
|
400%
|
9.5%
|
|
