Under the Affordable Care Act, it's mandatory for all individuals who are not otherwise covered by insurance or public programs to purchase a minimum level of health insurance. However, individuals whose incomes fall below certain thresholds may qualify for government health insurance subsidies to help pay for these costs.
The following provides an overview of the income levels for 2015 that may qualify individuals for the health insurance subsidies; adjusted gross income (AGI) can be used as an estimate. Perhaps one of the most important variables is whether or not one's state of residence is expanding Medicaid (if it is not, individuals should apply for Medicaid regardless, as they may qualify under their states' current rules). Please note that the below figures only apply to residents of the continental 48 states, as the amounts for Hawaii and Alaska are higher. > Get More Information.