Q. What does 400% of poverty level mean for a single person?
A. That’s a question that might be occurring to a lot of people who are reading about the Affordable Care Act.
The federal government each year sets the annual income that qualifies as the “federal poverty level,” and programs for the poor use that figure to determine eligibility. Some will help people who make up to 200 percent, or twice, the FPL. Others go up to 300 percent, or three times the FPL.
Federal tax credits, also called premium subsidies, are available to help people pay for health insurance on the new online marketplace if they who have incomes between 100 percent and 400 percent of the federal poverty level.
In 2013, the FPL for one person is $11,490 for one person. That's 100% of the poverty level.
Someone at 400 percent of the FPL is earning $45,960 a year.
You can find a chart of these amounts almost anywhere on Google if you type in "federal poverty level."
We also included the chart in our Sept. 29 Affordable Care Act package in the Observer: www.charlotteobserver.com/healthcareact.
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