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How Obamacare Subsidies Are Calculated for Students


In two recent installments of the Your Money column, I answered questions about the new health insurance exchanges. The first column discussed many of the basics, and the second column answered reader queries. You can find more readers’ questions and answers on In Practice, with the latest series below. If you’re still not sure how the law affects you and your family, please e-mail me: tsbernard@nytimes.com.

Q. For full-time students who are not working (100 percent supported by loans), how will subsidies be calculated for purchasing insurance on the exchange? –Nick Bartel

A. Subsidies for students are generally calculated the same way they would be for anyone else. If your household income is between 100 percent and 400 percent of the poverty level, you may qualify for premium tax credits (and if your income is between 100 percent and 250 percent of the federal poverty level, you may also qualify for cost-sharing assistance).

Read the full article written by Tara Siegel Bernard / New York Times