Example of Exceptions:
If the health insurance premium for the family is more than 10 percent of the family’s household income then it is not considered affordable and IO will pay a subsidy for the child/children.
The Smith’s are a family of four and have a household income at 200 percent of FPL. ($44,100.00 annual, $3675.00 monthly). 10 percent of the family’s monthly income is $367.50. If the health insurance premium for the whole family is more than $367.50 per month then the child is qualified for a subsidy.