Insurance Cost Estimate Calculator

Under the Affordable Care Act,  beginning in 2014, many California individuals and families will be eligible to  receive subsidized coverage through Covered California (the state’s Health  Benefit Exchange) if they are not eligible for Medicare or Medi-Cal and are not  offered affordable coverage through their employer.

How Much Will a Family Save Under the New Federal Health Law?

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  1. Enter household size and income for all individuals included on your tax return (yourself and spouse and dependents, if applicable).
  2. Enter age information only for those household members who need coverage.
  3. This interactive calculator estimates how much eligible individuals and families will spend on premiums for a Covered California health plan under the law. The calculator also indicates income-eligibility for Medi-Cal.

The estimated tax credit from the government shown below indicates the amount a family will save on monthly premiums, compared to what they would pay in the individual market without subsidies. Premiums are shown for a “silver plan,” but individuals can choose to purchase a more generous or less generous plan. Silver plans offer a more generous level of benefits than most plans in the current individual market.


Notes: This calculator shows expected spending for families and individuals eligible to purchase coverage through Covered California under the Affordable Care Act. Under the law, maximum contributions to premiums will be based on modified adjusted gross income (MAGI), while estimates in this calculator are based on the number entered by the user for annual income. By inserting your adjusted gross income (AGI) in the table above, you should receive a more accurate estimate. (Click on the hyperlink above for more information.) The premiums in this calculator reflect estimates for Covered California silver plans.

The software that powers this calculator was developed by the Center for Labor Research and Education and the Institute for Research on Labor and Employment Library, at the University of California, Berkeley. © 2012-13, The Regents of the University of California. All rights reserved. For more information on the methodology and assumptions, visit here »