Question of the Day

How much can a family of 5 earn annually while receiving subsidies to purchase health insurance through the Obamacare exchanges?

Correct Answer

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The Affordable Care Act provides subsidies to purchase health insurance for individuals with annual incomes up to 400% of federal poverty guidelines. In 2014, the federal poverty guideline for a family of 5 is $27,910, and 400% of this is $111,640.




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