Colorado Subsidy Calculator

Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for exchange subsidies, income is based on your attestation of your expected income in 2014 and verified by the exchange with documentation from your most recent tax return, with consideration for reasonable changes you expect.

More specifically, federal subsidies are based on the size of your household and your household’s 2014 Modified Adjusted Gross Income.

To estimate your 2014 Modified Adjusted Gross Income:

  1. Add all income earned through wages, interest, dividends, rental and royalty income, capital gains, business income, farm income, unemployment and alimony.
  2. Add any foreign income, employer-paid adoption expenses and interest from employee savings bonds used to pay higher education expenses.
  3. Subtract items like moving expenses, alimony paid, self-employment taxes.

Subsidies are applied immediately, so you only pay the net amount after the subsidy.

42 thoughts on “Colorado Subsidy Calculator

    • Starting on January 1st, 2014, the ACA expands Medicaid eligibility for all legal residents to 133 percent of the federal poverty level (about $14,404 for a single adult or $29,327 for a family of four). If you make less than that you’re eligible for Medicaid. If you make between 133 and 400% of the federal poverty level then you should be eligible for a subsidy. Medicaid enrollment must be done through Connect for Health Colorado.

  1. I am trying to find Colorado’s ACA exchange to actually shop.
    is this it? How do you buy insurance? Or is this just all “news”?

  2. Why doesn’t the site work with my iPad?
    I could not choose the level of deductible and it only showed me the gold plans at 1400 a month!

    • It should work on a Mac, but I don’t believe the website will work on iPads or SmartPhones at this time.

      • Well that’s dumb. Why wouldn’t the system work on ipads and smartphones? These are the two most popular instruments used today.

        If these politicians are taxing me for being a responsible self-pay American, least they can do is get a system that works to help me decide which is more beneficial for me.

    • I’m not a tax professional, but Student loans are not reported as income on the tax return so they should not hurt your eligibility for subsidies

    • Student loans are deductions, not additions, as are your payments. The current limit for full-time students is $10k.

      I graduated March 2013. Currently a grad student at FAU to.complete my master in taxation.

  3. A little confused. In the calculator I get:
    Unsubsidized annual health insurance premium in 2014:$6,680
    but when i search for plans the least expensive is for $739.56/month. Where is the disconnect?

    • Please try the exchange’s new calculator here. I know they’re working on a better calculator, but that’s what they have for now.

      • Thank you. It’s odd that i get a different premium cost, all other inputs equal, if I select “Browse Plans” versus “Do You Qualify for Financial Assistance”. In the first case it comes to $739.56/month in the second case $421.91 which is net of a $263.89 tax credit ($685.80 before credits). Same policy, KP CO Bronze 5000/30%/HSA.

  4. My son is 25 years old and a graduate student in Colorado, with an income level of 87% of the federal poverty level. He qualifies for Medicaid because of his income, but he is a legal resident of Washington State. He can not obtain medicaid coverage in Washington that would cover him in Colorado. Can he apply for Medicaid in Colorado to access affordable Health Care coverage.

    • If he lives in Colorado I don’t see why he couldn’t get coverage here. According to the exchange’s website, “Connect for Health Colorado will accept an applicant’s self-attestation of Colorado residency, which means they will need to provide us with either a mailing or home address that is in the state of Colorado. To buy health coverage through Connect for Health Colorado, you need to be an American citizen or have other lawful presence, as well as reside in Colorado.”

  5. How will a tax credit help people with low income?

    Thank you for answering question regarding the new Affordable Healthcare Plan.

    Joe Rodriguez

    • The tax credit helps people who qualify by reducing their health insurance premiums through the use of subsidies, which are really advance tax credits. Please see the 3 minute Youtube video on the home page for more information.

  6. How is having to pay almost half of my annual wages for this new insurance scam affordable? I can choose 1 of 3 options. 1. Stop paying my household bills. 2. Stop eating and using gas to get to work. or 3. Get fined, because I can’t afford this so called affordable care act… Which do you think I’m going to choose?

    • I agree w/ you. I’m trying hard to figure out how we’re suppose to pay for this when I borrow money every month for bills. I didn’t buy it before cuz I couldn’t afford it. I don’t have tv, limit internet use and never eat out. We live in a no luxury house…. UGH!!!

      • I also agree with you! This is a total scam I am a single mother with two children but since my kids can receive CHIP I am ineligible for the subsidy. So unless we cut back on our already $60 a week in food and just stop eating or I let my toddler stay home alone while I am at work we are screwed. Because of this “affordable health care act” I lost my insurance. This entire thing is bull!!

        • If your income is above the Medicaid range then you should still be eligible for a subsidy, even though your kids are receiving CHP+, providing that no one in the family has access to employer sponsored health insurance in which the employee only portion of the premium is less than 9.5% of the household income. I would be happy to try and help. If interested please contact me here.

  7. Once you look at the numbers after taxes, they expect me to pay over 60% of my hard earned money into taxes and this “affordable” care act. Not sure if you’re in the same boat, but they want 39.8% from me, for just myself, and that’s pre-taxed income! Then you add the roughly 22-25% that we get taxed on. Suddenly, my hard earned money goes to everyone but me.

  8. OK– so because of my low taxable income (65% of poverty level)and possibly my age (63)– I was told that my state has decided to expand Medicaid. SO– do that mean I do not apply for any of the exchange stuff? AND– how do I actually get enrolled in Medicaid for next year?

    • You can apply for Medicaid through Connect for Health Colorado. Their system should map you into the PEAK application process, which is what you use to apply for Medicaid. You can also apply directly at If it asks, be sure to specifiy a 1/1/14 effective date, as that’s when the expanded Medicaid program begins.

  9. the one that does not tell me where to find a doctor..
    and I notice someone else has already used my SSN …
    Confusing “health insurance” with actual care is the fraud, it would seem

  10. I fill out the details on the Colorado Subsidy Calculator and click Submit. It takes me to a new page asking for the same details but never giving me the Subsidy Calculation.

  11. At this time I’m unemployed and looking for a job. I am currently living on my IRA. I know that if I did not have that money I would qualify for Medicaid prior to the Affordable Care Act. Now that the Act is now active, would I still qualify for Medicaid or would I qualify for these tax credits.

    • Distributions from your IRA will likely be considered income, so it depends on how much you’re taking out. Your best bet is to apply for Medicaid at If approved, you’ll get zero premium health insurance. If declined, then you’ll be elgibile for the tax credits. Take your time on the application and be careful to check every box and respond to every question. Expect the Medicaid application to take about 45 minutes. Keep in mind that open enrollment for private insurance closes on March 31st, so time is getting short.

  12. I have an income but it is not taxed, it falls under the forster care act. do i have to claim my income since i do not pay taxes.

  13. I want to cash in my surrender value for my whole life insurance policy. Will it be applied to my MAGI and raise my income?

    • That’s an excellent question. I’m not a tax professional, but I believe the taxable interest will be added to the MAGI, but not the basis of your whole life policy policy.
      That question should be verified by a tax professional, but IRS document 525 (page 22) appears to support that notion:

      “Surrender of policy for cash. If you surrender
      a life insurance policy for cash, you must include
      in income any proceeds that are more
      than the cost of the life insurance policy. In most
      cases, your cost (or investment in the contract)
      is the total of premiums that you paid for the life
      insurance policy, less any refunded premiums,
      rebates, dividends, or unrepaid loans that were
      not included in your income.
      You should receive a Form 1099-R showing
      the total proceeds and the taxable part. Report
      these amounts on lines 16a and 16b of Form
      1040 or on lines 12a and 12b of Form 1040A.”

  14. I was told that in order to obtain a subsidy, I must first obtain a medicaid denial. I made an error in my initial signing up for medicaid (the system would not let me go back and change it, so i applied a second time, which messed up the enrollment process). Therefore, I have not obtained a medicaid denial and have tried for THREE MONTHS to reach the medicaid office and I either get cut off after waiting on the phone or I get an auto email reply saying they will respond in 5-7 business days. They have never done that. What can i do to reach a human being there? This should be a really easy fix. Any advice?

    • PEAK has a newer 800 number for Medicaid denial status updates at 800 221-3943. I suggest calling at off peak times (not near lunch hour or late in day). I also wish the process was easier. Some people have also had success calling or going to their local county’s Medicaid office in person. I hope that helps and good luck!

  15. My husband and I are trying to find alternatives to the work health insurance because of the astronomical costs…our combined total income is $72,800, and currently between ourselves (not including our two children) we are paying (on individual plans) over $600 a month on health insurance (combined, it would have totaled over $800). As of a few weeks ago, our children were removed from the CHP+ program due to an error on their end, and we now have to reapply and go the the process again, but because of my income now, we wouldn’t qualify (even though my son is considered special needs). Adding our children onto our health insurance policy will increase it to more than $900 a month (again separated from my husband’s policy)… which is more than what we pay for our home…what options are there for us?

    • There are some time senstive options. Because your kids lost their coverage, they are in a special enrollment period where they can get individual coverage, but only within 60 days of the end date of their old CHP+ plan. Please request a quote here and be sure to note the date the coverage ended. Then you can compare that against the group coverage options to see what is the best value.

  16. Lol I am more than happy to contact you and show that that is absolutely not true. My income is well above the Medicaid range but I’m still within the federal poverty range for CHIP for my children. I 100% am not eligible for the subsidy. Please check your facts before commenting. I cannot wait to get a call back.

    • Every person’s situation is unique and there weren’t enough facts to do much more than offer to help. While I’ve helped many people with kids on CHP+ get a subsidy, it’s also true that if your household income is high enough and you have kids enrolled in CHP+, you could be ineligible for a subsidy, even through the household is earning less than 400% of the FPL.
      This may happen because if the private insurance is for just one family member and if the premium costs for the second least expensive Silver plan are below 9.5% of the household income, then you likely won’t be eligible for a subsidy. It’s not common, but it does happen, much to the frustration of those affected.

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