Federal Poverty Level

Federal Poverty Level

Everyone has a “federal poverty level” (FPL), even wealthy people. They just have a higher FPL. People that have a “household” income that falls between 138% up to 400% of the FPL (Federal Poverty Level), can get assistance with paying for their health insurance premiums called an “Advanced Premium Tax Credit.” If you make less than 138% of the FPL, in Nevada you qualify for Medicaid which is Free.
The less money you make the more financial help you will get, the more money you make, the less financial assistance you get. If you make over 400% of the FPL, you won’t qualify for any financial assistance (AKA – subsidy.) You can buy your “qualified health plan” (see definition) insurance anywhere you want, but if you want a “subsidy” your income must be between 138% – 400% FPL. Call us for help with all subsidized and unsubsidized health plans.