Cost Sharing Subsidy

In addition to the Advance Premium Tax Credits that reduce your monthly premium payments, you may be eligible for cost-sharing subsidies that reduce the amount you pay when you get care.   Eligibility for cost-sharing subsidies is based on your Modified Adjusted Gross Income level and family size.   You may be eligible for cost-sharing subsidies if your Modified Adjusted Gross Income is less than about $29,425 for a single person and less than about $60,625 for a family of four in 2016 which represent 250% of the Federal Poverty Level.   Cost-sharing subsidies are offered by the federal government to reduce the amount of money you have to pay for health care expenses such as co-payments or coinsurance.