Connect for Health Colorado is the only place where eligible Coloradans can access new federal financial help, based on income, to reduce the cost of buying private health insurance. This new assistance is for Coloradans who are not eligible for Medicare, Medicaid or the Child Health Plan Plus and are not offered affordable coverage through their employer. This interactive calculator estimates how much eligible individuals and families can receive in a new kind of tax credit that can be applied up front to reduce the cost of your monthly premium or claimed on your taxes in 2015. It will show you if you are eligible for Medicaid under the expanded eligibility rules for 2014. All of this information applies to health coverage that takes effect January 1, 2014.
The credit amount shown is an estimate of the amount of your monthly premium that may be subtracted from the premium of the qualified health plan you purchase using the Connect for Health Colorado Marketplace if you are eligible for a tax credit.