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In: Economics

If the federal poverty level for a family of three is $20,000 in a given year,...

If the federal poverty level for a family of three is $20,000 in a given year, what is the maximum amount that family can earn and still be eligible for subsidies on the health insurance exchange under the Affordable Care Act?

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Expert Solution

It can actually be mentioned that the affordable health care act which was signed in the year 2010 which is also known as Obamacare was especially started to provide healthcare to the lower sections of the society and in this regard, it can be mentioned that a family can maximum get to earn $20,000 inorder to ne eligible for subsidies on the health insurance exchange under the Affordable Care Act all in all.

Rahul Sunny answered 3 years ago
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