Suppose annual premiums for the silver plan in the health insurance exchange in your geographical area will be established at $5,000 in 2014. If your individual income will be $40,000 in 2014 and you will be eligible to buy health insurance through that exchange, you will qualify for a premium credit.

Question

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Affordability threshold for health insurance premiums in PPACA is established at 9.5%. Your contribution to premiums will be $40,000 x .095 = $3,800, and the remaining $1,200 will be picked up by the government.

Suppose Annual Premiums for the Silver Plan in the Health