2020 Obamacare subsidy calculator

Medical Insurance

Key takeaways

If you’re worried about the cost of health insurance premiums in the exchanges, it might help to know that – thanks to the law’s generous subsidies — your premiums could end up a lot lower than you expect.

Who’s eligible? Of the nearly 10.6 million people who had effectuated coverage through the exchanges as of 2019, 87 percent were receiving premium subsidies.

Yet about two-thirds of uninsured Americans haven’t checked recently to see if they’re eligible for financial assistance with their health insurance costs. A few more quick facts about Obamacare subsidies:

It pays to calculate your subsidy!

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