The Federal Poverty Level (FPL) is a measurement of the minimum amount of annual income that is needed for individuals and families to pay for essentials, such as room and board, clothes, and transportation. The FPL takes into account the number of people in a household, their income, and the state in which they live. The FPL is used by many assistance programs, including some states’ Medicaid programs, as a way to set financial eligibility criteria. Often programs limit participant’s income to 100% of the FPL, or some percentage of the FPL, such as 138% or 200% .
According to the search results, 400% of the Federal Poverty Level is a percentage used to determine eligibility for certain programs and benefits, including savings on Marketplace health insurance, and Medicaid and CHIP coverage. The 2023 Federal Poverty Level (FPL) income numbers used to calculate eligibility for Medicaid and the Childrens Health Insurance Program (CHIP) are shown in a table in. For example, for an individual, the 2023 FPL is $14,580, and 400% of that is $58,320.
