Health Insurance Calculator
Updated on 7 Nov 2026 · Checked by Aotob
On $45,000 for 1 person, the plan would cost you about $359 a month after the tax credit.
The premium tax credit pays $266 of the $625 a month.
Your premium a month
$359
You’d be expected to pay 9.58% of your income for the benchmark plan. The credit is set by the second-lowest-cost silver plan where you live, so a cheaper bronze plan can cost little or nothing, and a gold plan costs more.
Show the working
Poverty line for 1: 15,650; income is 288% of it
Expected contribution 9.58% × 45,000 = 4,312 a year
Credit = 7,500 benchmark − 4,312 = 3,188
You pay 7,500 − 3,188 = 4,312 a year
Expected contribution by income (2026)
| Income vs poverty line | Share of income |
|---|---|
| Under 133% | 2.10% |
| 133% to 150% | 3.14% to 4.19% |
| 150% to 200% | 4.19% to 6.60% |
| 200% to 250% | 6.60% to 8.44% |
| 250% to 400% | 8.44% to 9.96% |
| Over 400% | No credit |
Questions people ask
How is the premium tax credit worked out?
You’re expected to pay a share of income for the second-lowest-cost silver plan in your area, from 2.10% to 9.96% in 2026 depending on income against the poverty line. The credit pays the rest, and you can use it on any Marketplace plan.
What changed in 2026?
The enhanced credits from 2021 to 2025 ended. People earning over 400% of the poverty line ($62,600 for one person) no longer get a credit, and everyone else pays a bigger share.
Where do I find the benchmark premium?
Preview plans on HealthCare.gov or your state’s exchange with your ZIP code and ages. The second-lowest-cost silver plan is the benchmark.
Updated 7 Nov 2026Source: IRS Rev. Proc. 2025-25 and HHS 2025 poverty guidelinesChecked by AotobEstimate before any reconciliation at tax time; states may add their own help.Report an issue