Tax Subsidies Explained | How to Avoid the 6400 Health Subsidy Scam

Social media has been buzzing about the 6400 health subsidy that you can grab from the government, but what exactly is the 6400 health subsidy? Will you just receive a $6,400 check in the mail? Can you use that money for groceries, rent, or gas? How can I apply for a health subsidy?

We’ll answer all the questions you might have about the tax subsidy and what it means for your health insurance premium costs according to the Affordable Care Act.

Call us at (855) 968-5736 for the most accurate information on the health subsidy and to find out what you’ll pay for health coverage through the Federal Marketplace. We’ve even got a unique pricing tool that can give you an accurate estimate of your health insurance plan.

Is the $6400 Health Subsidy Real?

Technically, yes, the $6400 health subsidy is real. However, how you’ll receive the health subsidy and how it works has been severely misrepresented on social media. Social media platforms like YouTube and TikTok have run ads and Instagram, Twitter, and Facebook have been polluted with bots stating that you’ll get a $6,400 check from the government that you can use on gas, groceries, rent, and other expenses.

This is not true.

The $6400 health subsidy is only used for health insurance through the Federal Marketplace, and in most cases, the tax subsidy will go directly to the health insurance provider — not your wallet.

If you want to find your qualifications for the $6400 health subsidy, call us at (855) 968-5736. It’s the best way to guarantee you won’t get scammed by these social media posts.

How to Get $0 Health Insurance with Health Subsidies

Depending on your Federal Poverty Level (FPL), your health subsidy will lower the amount you’ll pay for health insurance through the Federal Marketplace. If your FPL is below 150%, you might be able to cover your health insurance fully.

If you don’t know where you are placed on the FPL and want to discover if you qualify for $0 health insurance, call us at (855) 968-5736. We’ll help you find the cheapest plan with the best benefits through the Federal Marketplace. Want to find out more before talking to an agent? Check out our free pricing tool. It’ll give you a rough estimate of how much you can expect to pay based on age, income, salary, and state.

Who Qualifies for the 6400 Subsidy?

Generally, you’ll qualify for a health subsidy if you are within 100% to 400% of the FPL. Here are the FPLs for 2024:

Family Size	2024 Income Numbers
Individual	$15,060
Family of 2	$20,440
Family of 3	$25,820
Family of 4	$31,200
Family of 5	$36,580
Family of 6	$41,960
Family of 7	$47,340
Family of 8	$52,720
Family of 9+	Add $5,380 for each additional person

How Much Could I Get Covered With a Tax Subsidy?

Your tax subsidy will depend on where you place on the FPL. Here is what you can expect based on your FPL percentage:

Annual Household Income (FPL %)	Expected Premium Contribution (% of Income)
Up to 150%	0%
200%	2%
250%	4%
300%	6%
400%	8.5%

Note: These percentages are rough estimates, and numbers can vary depending on location, age, and more. For the most accurate pricing, call one of our agents at (855) 968-5736.

What Makes You Ineligible For a Health Subsidy?

There are a few things that make you ineligible for a health subsidy. To see if you are ineligible for a health subsidy, call us at (855) 968-5736. We’ll let you know your qualifications and even help you find the cheapest health coverage with the most benefits for you.

Here are a few of the reasons why you might be ineligible for a health subsidy:

Medicaid

If you are eligible for Medicaid or the Children’s Health Insurance Program (CHIP) by being lower than 100% of the FPL, you won’t be able to get a health subsidy. That’s because you will most likely get more coverage at a more affordable price through Medicaid or CHIP.

If you’d still like to grab coverage through the Federal Marketplace, you can still grab healthcare coverage, but you might have to pay full price.

Medicare Part A

There is no age limit on the subsidy, but when you turn 65, you will become eligible for Medicare Part A which makes you ineligible for health subsidies on the Federal Marketplace.

However, if you turn 65 and are ineligible for Medicare Part A (if, for instance, you have no work history in the US), you will be eligible for a health subsidy on the Federal Marketplace.

Immigrant Status

Immigrants can get a premium subsidy through the Federal Marketplace even if they place lower than the FPL because they are ineligible for Medicaid. However, most states will require immigrants to have lived in the US for at least five years.

Conclusion

The 6400 health subsidy is real, but the way that you can benefit vastly differs from the way it has been portrayed on social media. Health subsidies are available for those whose household income is between 100% to 400%, and they can only be used on health insurance.

You will not receive a check for $6,400 you can use for household expenses. It will go directly to health insurance companies and will reduce the monthly premium you will pay.

Unsure about the amount you’ll pay for health insurance premiums? Our talented agents are waiting for your call at (855) 968-5736 every weekday from 9 a.m. to 5 p.m. Want to know the estimated amount you’ll pay before talking to an agent? We have a unique, free pricing tool that will give you an accurate estimate based on your age, income, and location.

Frequently Asked Questions

Is the $6400 Health Subsidy Real?

Yes, the $6400 health subsidy is real. However, you won’t get a check in the mail, and the money can only be used on health insurance costs through the Federal Marketplace.

Am I Eligible For the $6400 Health Subsidy?

You’ll be eligible for the $6400 health subsidy if you are within the 100% to 400% range on the Federal Poverty Level.

Can I Use the 6400 Health Subsidy For Gas, Groceries, and Rent?

No, you cannot use the 6400 health subsidy for gas, groceries, rent, and other expenses. The health subsidy can only be used on health insurance plans through the Marketplace.

Will I Be Getting a $6400 Check In the Mail?

No, you won’t get a $6,400 check in the mail. The 6400 health subsidy can only be used on health insurance which will automatically be deducted from your health insurance cost through the Marketplace.