2019 Health Insurance Marketplace Calculator
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Reviewed by Calculator Editorial Team
This calculator helps you estimate your 2019 health insurance marketplace premiums based on your income, household size, and location. It accounts for federal subsidies and tax credits available through the Affordable Care Act.
How the 2019 Health Insurance Marketplace Calculator Works
The 2019 Health Insurance Marketplace Calculator uses the official 2019 premium tax credit tables to determine your estimated monthly premium cost. The calculation considers:
- Your total household income
- Number of people in your household
- Your location (state and county)
- Your age
- Whether you qualify for premium tax credits
The calculator provides an estimate based on the official 2019 premium tax credit tables published by the IRS. Actual premiums may vary based on your specific plan and enrollment in the marketplace.
Note: This calculator uses 2019 data and does not account for changes in the Affordable Care Act after 2019. For current marketplace information, check the official healthcare.gov website.
How to Use This Calculator
- Enter your total household income for 2019
- Select the number of people in your household
- Choose your state and county
- Enter your age
- Click "Calculate" to see your estimated monthly premium
The calculator will display your estimated monthly premium cost and whether you qualify for premium tax credits. The result is based on the official 2019 premium tax credit tables.
Formula and Assumptions
The calculator uses the following formula to estimate your premium:
Where:
- Base Premium is determined from the 2019 premium tax credit tables based on your income, household size, and location
- Premium Tax Credit Percentage is based on your income level (400% of the federal poverty level or below: 94%; 100-138% of federal poverty level: 87%; 138-200% of federal poverty level: 73%; 200-250% of federal poverty level: 57%; 250-300% of federal poverty level: 43%; 300-400% of federal poverty level: 25%)
- The 2.9% is the average additional cost for marketplace plans in 2019
This formula provides an estimate based on the official 2019 premium tax credit tables. Actual premiums may vary based on your specific plan and enrollment in the marketplace.
Worked Example
Let's calculate the estimated monthly premium for a single person in California with an income of $30,000.
| Step | Calculation |
|---|---|
| 1. Determine income level | $30,000 is 238% of the federal poverty level (for a single person) |
| 2. Get premium tax credit percentage | 200-250% of federal poverty level: 57% |
| 3. Find base premium | For California, single person, age 30: $250/month |
| 4. Calculate premium after tax credit | $250 × 0.57 = $142.50 |
| 5. Add average additional cost | $142.50 × 1.029 = $146.63 |
The estimated monthly premium for this example is $146.63.
Frequently Asked Questions
The Health Insurance Marketplace is an online marketplace where individuals and families can compare and purchase health insurance plans. It was established under the Affordable Care Act.
You may qualify for premium tax credits if your income is below 400% of the federal poverty level. The amount of your credit depends on your income level and household size.
This calculator uses official 2019 premium tax credit tables published by the IRS. However, it provides estimates and actual premiums may vary based on your specific plan and enrollment in the marketplace.
No, this calculator uses 2019 data and does not account for changes in the Affordable Care Act after 2019. For current marketplace information, check the official healthcare.gov website.