California residents looking to enroll in health insurance through Covered California income limits may wonder how much they can earn and still be eligible for financial assistance. Covered California, the state’s health insurance marketplace, has set income limits that determine who can qualify for financial help and who cannot.
California’s Medicaid program is called Medi-Cal. It intends to provide health coverage to low-income households in the state who meet other eligibility requirements. These might include persons older than or younger than a given age, disabled, expectant mothers, and others.
Meanwhile, the state’s health insurance exchange is called Covered California. It provides customers with a convenient venue to shop for a health plan during the open enrollment period. They can also qualify for insurance subsidies. Financial assistance eligibility under Covered California varies according on annual income.
Lower-income households can qualify for additional financial aid, EHealthInsurance said. But what exactly qualifies as low income in California? What are the medical income restrictions in California for 2022?
Covered California Income Limits: Who is Qualified?
Marca said consumers must have a household income between 0% and 400% of the Federal Poverty Level to be eligible for Covered California income limits.
Hence, if an individual or family of four earns less than $47,520 a year or less than $97,200 annually for a family of four, they will qualify for government help depending on their income, according to theCovered California income limits income requirements and salary constraints.
The following Covered California income limitations apply to adults:
- You are eligible for Medi-Cal if your FPL is between 0% – 138% of FPL
- You are eligible for a subsidy on a Covered California plan if your FPL is between 138% and 400%.
- You are also eligible for the Silver Enhanced 94 Plan, between 138% and 150%.
- You are also eligible for the Silver Enhanced 87 Plan between 150% and 200%.
- You are eligible for the Silver Enhanced 73 Plan at 200% to 250%.
Consequently, more government help will become accessible if the family’s net income is even lower. Tax deductions have the potential to reduce income, as should be kept in mind.
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