Obamacare Grants The Obamacare grants, officially known as the Affordable Care Act, are designed to help individuals and families pay for their health insurance. These grants are based on income and household size, and can significantly reduce premium costs and out-of-pocket expenses. Who qualifies for grants? To qualify for grants, you must meet certain income requirements. Generally, individuals earning between 100% and 400% of the federal poverty level are eligible. However, the rules may vary depending on the state and personal situation. Types of grants Premium grants: These help reduce the monthly cost of your health insurance premium. Cost-sharing grants: These reduce out-of-pocket expenses, such as deductibles and copayments, for those who choose health plans with a specific level of coverage. How to apply for grants You can apply for grants through your state or federal health insurance marketplace. It is important to provide accurate information about your income and household size to determine your eligibility.