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Many people will qualify for health insurance subsidies once the Affordable Care Act is initiated in January 1, 2014. The Affordable Care Act will require that anyone without health insurance from their employer acquire health insurance on their own. Whether these individuals can get federal subsidies will be based on the size of their families and the amount they make every year. Individuals will be able to find out more about these subsidies at the health care exchanges, which are set to open throughout the United States. In general, single individuals who make less than $27,936 every year will be eligible for federal subsidies for their health insurance. Families of four will have a threshold of $57,636 to qualify for federal subsidies. Most of these federal subsidies may be adjusted based on income levels. Health insurance will no longer be determined based on prior health issues, which means that many

As part of the new health care reform that was enacted by Congress under the Affordable Care Act, many lower income persons are eligible to take advantage of financial assistance to obtain individual health insurance when the changes are implemented in 2014. The government assistance generally comes in the form of a tax credit, providing a dollar-for-dollar tax reduction or benefit to persons who spend on health care through a state-operated health insurance exchange. The credit is gained when a tax return is filed after the fact. Additionally, up front individual subsidies will also be made available to primarily aimed at middle and low-income persons who have to pay for their own coverage, the premium payment subsidies can be used by families earning up to $94,200 in a year, or $45,960 for individuals. Those with no tax liability can instead get help up front when buying insurance, and the government