What is 133% of the federal poverty level?
2016 Federal Poverty Guidelines
The 2018 federal poverty level (FPL) income numbers below are used to calculate eligibility for Medicaid and the Children's Health Insurance Program (CHIP). 2017 numbers are slightly lower, and are used to calculate savings on Marketplace insurance plans for 2018.
- Who is eligible for Medicaid? You may qualify for free or low-cost care through Medicaid based on income and family size. In all states, Medicaid provides health coverage for some low-income people, families and children, pregnant women, the elderly, and people with disabilities.
- The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country. In October 2015, the World Bank updated the international poverty line to $1.90 a day.
- 2016 FPL Guidelines: 48 Border States and D.C.
Persons in Household 2016 Federal Poverty Level Medicaid Eligibility (138% of FPL) 1 $11,880 $16,394 2 $16,020 $22,108 3 $20,160 $27,821 4 $24,300 $33,534
Federal Poverty Guidelines for FFY 2017
|Size of family unit||100 Percent of Poverty||200 Percent of Poverty|
- According to a 2013 Washington Post survey, people who live in households making less than $50,000 say that an income of $200,000 would make you rich, while people with incomes between $50,000 and $100,000 say you'd need $260,000 to be rich.
- If you make $50,000 a year, someone who makes $100,000 qualifies as rich. If your annual income is $100,000, $200,000 is enough. If you're worth $5 million, then $10 million is all it would take, and so on.
- In 2012, the federal government set the poverty line for a family of four at $23,050. The figure is based on food costs — the government identifies how much it should cost to feed a family of four for one year and then multiplies that number by three.
2017 Federal Poverty Guidelines
- Low-income is considered 200 percent of the federal poverty level, and poor is defined as 100 percent of the poverty level. For 2013, a family of four making less than $23,624 is considered at the federal poverty level, and $47,248 is considered low income.
- The 2018 federal poverty level (FPL) income numbers below are used to calculate eligibility for Medicaid and the Children's Health Insurance Program (CHIP). 2017 numbers are slightly lower, and are used to calculate savings on Marketplace insurance plans for 2018.
- Living Wage Calculation for Massachusetts
Hourly Wages 1 Adult 1 Adult 2 Children Living Wage $13.39 $32.98 Poverty Wage $5.00 $9.00 Minimum Wage $11.00 $11.00
Updated: 2nd November 2019