Health Insurance Cost Calculator

The ACA premium tax credit is a government subsidy that lowers your monthly health insurance premium. You qualify if: (1) Your income is 100%-400% of the Federal Poverty Level (though the American Rescue Plan expanded this to 0-600% temporarily through 2025), (2) You buy insurance through the ACA marketplace, (3) You don't have access to affordable employer coverage. Use our calculator to estimate your subsidy.

Metal levels indicate how much the plan pays vs. what you pay: Bronze: 60% paid by insurance, 40% by you (lowest premium, highest out-of-pocket). Silver: 70%/30% (moderate premium, qualifies for cost-sharing reductions if eligible). Gold: 80%/20% (higher premium, lower out-of-pocket). Platinum: 90%/10% (highest premium, lowest out-of-pocket). Most Americans choose Silver.

Open enrollment typically runs from November 1 to January 15 each year for coverage starting the following year. Some states with their own marketplaces (CA, NY, WA, etc.) have extended deadlines. You can enroll outside open enrollment if you have a Qualifying Life Event (marriage, birth of a child, loss of job-based coverage, move, etc.).