According to Covered California income guidelines and salary restrictions, if an individual makes less than $47,520 per year or if a family of four earns wages less than $97,200 per year, then they qualify for government assistance based on their income.

Assets ≤ $7,280 for an individual or ≤ $10,930 for couple (Assets do not include residence, one car owned by applicant or $1,500 for burial expenses per applicant.) Assets ≤ $2,000 for an individual or ≤ $3,000 for couple (Assets do not include residence or one car owned by applicant.)

In general, individuals and families with annual incomes between 138% and 150% of the federal poverty line — $17,775 to $19,320 for an individual and $36,570 to $39,750 for a family of four — can get the lowest level of coverage, known as bronze, for no monthly premium in 2022.

So what happens if at the end of the year your income falls into a different income level and you did not report the change? If your income is higher than you thought it would be, you will have to pay your advanced premium tax credit (APTC) back!

Even if your income is too high to get help paying for a health plan, you can still buy a Covered California plan. Contact Joy Olivier Insurance to help find the right plan for you.

This plan includes free preventative care like annual physicals, well-woman checkups, well-baby checkups and basic vision and dental services for children under the age of 19. The Bronze 60 HSA has a $4800 individual deductible and a $9,600 family deductible.