KFF Health Insurance Marketplace Calculator

The Health Insurance Marketplace Calculator is an online tool provided by the Kaiser Family Foundation (KFF) that allows individuals to estimate their health insurance premiums and potential subsidies for coverage purchased through the Health Insurance Marketplaces established by the Affordable Care Act (ACA). This calculator takes into account personal information such as income, age, family size, and zip code to provide an estimate of eligibility for subsidies and the cost of health insurance. The calculator is based on the ACA as signed into law in 2010, and it uses actual premiums for plans sold in the user’s area, with data sourced from the Centers for Medicare and Medicaid Services (CMS), state exchanges, or insurance departments, and KFF researchers. It has been updated to reflect the premiums for 2024 and includes the changes enacted through the Inflation Reduction Act (IRA), which continued expanded amounts and eligibility for Marketplace subsidies.

It is important to note that the calculator provides estimates and not definitive results. For exact figures and to sign up for coverage, individuals must contact HealthCare.gov, their state’s Health Insurance Marketplace, or the Medicaid program office.

The actual amount of financial assistance may vary based on the final calculation of Modified Adjusted Gross Income (MAGI) and other factors.
Other resources, such as Healthcare.gov, also provide tools and information to help individuals estimate their income and potential savings on Marketplace premiums, or to determine eligibility for Medicaid or the Children’s Health Insurance Program (CHIP).