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Poverty Guidelines Updated for 2014

Poverty Guidelines Updated for 2014

Tuesday, February 11, 2014

HHS

Description

HHS LogoThe federal poverty guidelines have been updated for 2014. 

Relatedly, a CMS information bulletin dated February 7, 2014 reads, in part:

The 2014 guidelines reflect the 1.5 percent price increase between calendar years 2012 and 2013. After this inflation adjustment, the guidelines are rounded and adjusted to standardize the differences between family and household sizes. For a family or household of 4 persons living in one of the 48 contiguous states or the District of Columbia, the poverty guideline for 2014 is $23,850. Separate poverty guideline figures are developed for Alaska and Hawaii, and different guidelines may apply to the Territories. The guidelines can be found at http://www.gpo.gov/fdsys/pkg/FR-2014-01-22/pdf/2014-01303.pdf.

To determine eligibility for Medicaid, CHIP, and advance payments of the premium tax credit (APTC) and cost-sharing reductions (CSR) for the purchase of health coverage through the Marketplace, states and the federal government generally use a percentage multiple of the guidelines (for example, 133 percent or 185 percent of the guidelines) as allowed or mandated in relevant authorizing legislation or program regulations. The Federally-facilitated Marketplace (FFM) will begin using the 2014 FPLs for Medicaid and CHIP eligibility on February 10, 2014. In accordance with section 36B of the Internal Revenue Code, eligibility for APTC and CSR will continue to be determined using 2013 FPLs for all APTC and CSR for enrollment that is effective in 2014.

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