A measure of income published every year by the U.S. Department of Health and Human Services (HHS) and calculated based on household size. Federal poverty levels are used to determine eligibility for certain programs and benefits, including eligibility for premium tax credits through Pennie, as well as eligibility for Medicaid and the Children’s Health Insurance Program (CHIP).
Pennie will use the 2022 federal poverty level guidelines, as listed below, to calculate eligibility for savings for individuals enrolling in 2023 coverage through Pennie.
2022 Federal Poverty Level based on income and household size:
|
Household / Family Size |
Income 150% FPL |
|
Single |
$20,385 |
|
2-person |
$27,465 |
|
3-person |
$34,545 |
|
4-person |
$41,625 |
|
6-person |
$55,785 |
|
8-person |
$69,945 |