Health insurance through the marketplace 2

[trberkovich]

To elaborate on my question:  Is there a minimum income required to have medical/dental insurance through the marketplace in Texas in 2024?  If yes, what is the minimum?  Is there a federal income tax penalty if the minimum income was not archived in 2024?  If there is a penalty, what is the dollar amount that will be assessed as part the 2024  federal income tax return?

[quorumof1]

Hi There:

To qualify for marketplace insurance with potential premium tax credits, your income must be at least at the federal poverty level (FPL), which for a single individual in 2025 is around $15,060, and varies depending on your family size; essentially, meaning you can qualify for marketplace insurance even if your income is at the minimum poverty level for your household size

Please see below for more information

Federal Poverty Level Chart