You may be eligible for a health insurance subsidy in 2021 if your total household income falls within certain limits.
The income cutoffs are tied to the Federal Poverty Level and are adjusted each year.
Income Limits for 2021 Health Insurance Subsidy
The 2021 income figures are in the chart below.
To use the chart:
- Locate the number of people in your household along the top row. This is the number of people on your 2021 federal tax return.
- Look in the corresponding column to see if your projected 2021 adjusted gross income (AGI) falls within the limits shown. (AGI is roughly the figure on line 8b on the first page of your Form 1040.)
If you think your total 2021 household AGI will be within the limits, you may be eligible for a subsidy.
|# People in Your Household||1||2||3||4||5||6|
|You may qualify for a 2021 premium subsidy if your yearly income is between ….||$17,610 -$51,040||$23,792 - $68,960||$29,975 -$86,880||$36,157 - $104,800||$42,339 - $122,720||$48,522 - $140,640|
|You may qualify for a premium subsidy AND a cost share reduction if your yearly income is between…||$17,610 -$31,900||$23,792 - $43,100||$29,975 -$54,300||$36,157 - $65,500||$42,339 - $76,700||$48,522 - $87,900|
Source: Federal Poverty Level Guidelines
Enroll in 2021 Health Insurance
You can enroll in a 2021 health insurance plan between November 1, 2020 and December 15, 2020. This is open enrollment. Your coverage will be effective on January 1, 2021.
Outside of open enrollment, you must have a qualifying event to enroll in a new individual plan.
Find out if you will qualify for a subsidy AND obtain the subsidy by buying your health insurance through your state’s exchange.
If you live in Virginia, visit www.enrollvirginianow.com to view plans and enroll.
DC residents – visit DC Healthlink.
In Maryland, visit the Maryland Health Connection. (Note: we don’t work with Maryland Health Connection.)
Medicaid Expansion Affects Subsidy Levels in Virginia
Please note, Virginia expanded Medicaid effective January 1, 2019.
If you think you qualify for Medicaid, please visit your state’s Medicaid website for more information: