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Frequently Asked Questions

Frequently Asked Questions About Financial Help

Is Financial Help Available For Purchasing a Health Insurance Plan?

The government is providing advance tax credits, or subsidies, to help qualifying individuals who purchase their own insurance, including working families. The subsidies will be based on how much money you make each year, the number of people in your family, and the age of the people in your family. If you qualify for financial assistance, you may be able to get one of the following:

  • Health insurance through Medical Assistance, also known as Medicaid or Healthy PA
  • Lower monthly premium costs plus a break on the cost-sharing you pay each time you need medical care
  • Lower monthly premium costs

The chart below shows guidelines for health care subsidy eligibility. If your yearly income is at or below the threshold shown below, then you may qualify for a subsidy. The enrollment process will include checking whether you are eligible.

Family Size

Yearly Income Threshold

1

$47,519.99

2

$64,079.99

3

$80,639.99

4

$97,199.99

5

$113,759.99

6

$130,319.99

7

$146,919.99

8

$163,559.99

Scroll or swipe to reveal all table data.

Am I Eligible For a Health Coverage Tax Credit (HCTC)?

The HCTC is a tax credit for health insurance premiums. HCTC is available through the end of 2019. You may be eligible for a tax credit if you are an:

  • Eligible trade adjustment assistance (TAA) recipient
  • Eligible alternative adjustment assistance (ATAA), or reemployment adjustment assistance (RTAA) recipient
  • Eligible Pension Benefit Guaranty Corporation (PBGC) pension recipient

Learn more about the HCTC