what is 300 of the federal poverty level

1 year ago 75
Nature

300% of the Federal Poverty Level (FPL) is a measure of income that is used to determine eligibility for various assistance programs, including Medicaid. The FPL is a federally set "poverty line" that varies based on the number of individuals in the household and the state in which they live. For the 48 contiguous states in 2023, the FPL for a household of one is $14,580, so 300% of that would be $43,740. For a household of two, the FPL is $19,720, so 300% of that would be $59,160. The FPL varies based on the number of individuals in the household and the state in which they live, so the exact amount of 300% of the FPL will depend on those factors.