Over the coming few weeks and months, the focus within our industry will clearly be on the repeal and replacement of Obamacare. There is a tremendous amount of energy being spent on speculating about what might happen.

At present, the Affordable Care Act provides subsidies to individuals who qualify based on their income level and family size at a range of 100% to 400% above the federal poverty level. The table below consolidates information from healthcaremarketplace.com using 2016 data. The table lists the income level, household size and maximum out-of-pocket limits using the ACA's silver plan, also known as the benchmark plan. The key takeaway: A significant amount of an individual’s gross take-home pay will be used to cover their out-of-pocket maximums, assuming they use the plan for medical care.

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