HHS Updates 2014 Federal Poverty Levels

The federal poverty levels (FPL) have been updated as outlined below. The FPL plays a very important role in PPACA as people whose household incomes fall between 100 -400% of the FPL and don't have access to other qualified coverage (such as medicare, medicaid or a qualified employer sponsored plan) may be eligible for a subsidy in the Health care Marketplace.

The FPL is also important to employers who are attempting to structure their employee contributions in a way that will satisfy the federal poverty level safe harbor. If an employer sets the employee only contribution for their health plan below 9.5% of the FPL then they can satisfy this safe harbor and know that their plan will be considered affordable under PPACA guidelines. Based on the 2014 FPL this number would be $92.39.  However, the penalties for not having an affordable plan have been delayed until 2015.

 

2014 POVERTY GUIDELINES FOR THE

48 CONTIGUOUS STATES AND THE

DISTRICT OF COLUMBIA

 

Persons in family/household  Poverty guideline

1 ............................................ $11,670

2 ............................................ 15,730

3 ............................................ 19,790

4 ............................................ 23,850

5 ............................................ 27,910

6 ............................................ 31,970

7 ............................................ 36,030

8 ............................................ 40,090

 

For families/households with more

than 8 persons, add $4,060 for each

additional person.

 

 

2014 POVERTY GUIDELINES FOR

ALASKA

 

Persons in family/household Poverty guideline

1 ............................................ $14,580

2 ............................................ 19,660

3 ............................................ 24,740

4 ............................................ 29,820

5 ............................................ 34,900

6 ............................................ 39,980

7 ............................................ 45,060

8 ............................................ 50,140

For families/households with more

than 8 persons, add $5,080 for each

additional person.

 

 

2014 POVERTY GUIDELINES FOR

HAWAII

 

Persons in family/household Poverty guideline

1 ............................................ $13,420

2 ............................................ 18,090

3 ............................................ 22,760

4 ............................................ 27,430

5 ............................................ 32,100

6 ............................................ 36,770

7 ............................................ 41,440

8 ............................................ 46,110

 

For families/households with more

than 8 persons, add $4,670 for each

additional person

 

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