Affordable Care Act Rate Calculator

There’s a lot of talk today about the Affordable Care Act  (“OBAMACARE). If you’re curious about what your rates might be if you were to purchase insurance on your own through this marketplace, you might try out this calculator tool posted by the Kaiser Family Foundation here which estimates your rate:

http://kff.org/interactive/subsidy-calculator/

According to the website:

“This tool illustrates health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges (or “Marketplaces”) created by the Affordable Care Act (ACA). Beginning in October 2013, middle-income people under age 65, who are not eligible for coverage through their employer, Medicaid, or Medicare, can apply for tax credit subsidies available through state-based exchanges.

With this calculator, you can enter different income levels, ages, and family sizes to get an estimate of your eligibility for subsidies and how much you could spend on health insurance. As premiums and eligibility requirements may vary, contact your state’s Medicaid office or exchange with enrollment questions.”

Angie Serrano