Updated Kaiser Family Foundation Tool May Help Project Which Employees Will Get Exchange Subsidies

Employers, health insurers, health plan administrators and brokers and individuals wanting help projecting when employees or other individuals are likely to qualify for subsidies for enrolling in the health insurance exchanges established under the Patient Protection & Affordable Care Act (ACA) may want to check out the updated the Kaiser Family Foundation’s updated  health reform subsidy calculator (Subsidy Calculator).  The Obama Administration now refers to these ACA-mandated exchanges as “Marketplaces.”

Kaiser Family Foundation has developed the Subsidy Calculator as a tool to help estimate and illustrate how government subsidies, designed to help with the cost of insurance premiums, will work under ACA when Marketplaces and the ACA subsidy rules take effect in January.

Beginning in 2014, ACA provides tax credits for  certain low to moderate-income people under age 65 purchasing coverage through an Exchange, who are not offered affordable minimum essential coverage providing minimum value under an employer plan…

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