Most Marketplace enrollees qualify for premium tax credits (subsidies). But your eligibility for these tax credits will depend on where you live, how old you are, and your household income. Of the 21.4 million people who enrolled in Marketplace plans for 2024, 92% were eligible for premium subsidies worth an average of $536/month. Premium tax credits used to be unavailable to households with income over 400% of the poverty level, but that limit was temporarily eliminated in 2021. Unless Congress extends the current subsidy enhancements, the income limit will return in 2026. If that happens, people applying for 2026 coverage with a projected income above 400% of the 2025 federal poverty level would be ineligible for subsidies, regardless of the percentage of income they’d have to pay to enroll in coverage. For now, premium tax credits are available if the cost of the second-lowest-cost Silver plan in your area would be more than a specific percentage of your household income. (See Figure 1.) You can use our calculator to get an idea of whether you’re eligible for a premium subsidy, and if so, an estimate of how much it will be.