Calculate Subsidy in Kentucky Health

How Kentucky Health Subsidies Work

Kentucky's health insurance marketplace uses a sliding-scale subsidy system based on your income and household size. The subsidy reduces your monthly premium costs, making health insurance more affordable.

The subsidy is calculated using the following formula:

The Federal Poverty Level (FPL) is updated annually by the U.S. Department of Health and Human Services. For 2024, the FPL for a single person is $14,580 per year.

Eligibility for Subsidies

To qualify for a subsidy in Kentucky, you must:

• Be a U.S. citizen or legal resident
• Reside in Kentucky
• Not have access to affordable employer-sponsored coverage
• Meet income requirements (up to 400% of the FPL)

Income limits vary by household size. For example, a family of four can earn up to $62,320 per year (400% of the FPL) to qualify for the maximum subsidy.

Worked Examples

Example 1: Single Person with $25,000 Annual Income

For a single person earning $25,000 per year (172% of FPL):

This person would receive a subsidy of $12,053 per year, reducing their monthly premium by approximately $1,005.

Example 2: Family of Four with $40,000 Annual Income

For a family of four earning $40,000 per year (64% of FPL):

This family would receive a subsidy of $36,136 per year, reducing their monthly premium by approximately $3,012.