Due to the American Rescue Plan, there are no upper income limits for ACA subsidies until the end of 2025. Households with incomes where the benchmark silver plan cost exceeds 8.5% will be fully subsidized. This applies even if they don't qualify for Medicaid in New Mexico.
"So, premium tax credits, also known as the subsidies in the Affordable Care Act, especially adjusted with the American Rescue Plan in 2021. There's no upper income temporary move to through 2025. So, only through the end of this year, there is no upper income limit. But your second lowest cost silver plan benchmark exceeds 8.5% of your household's modified adjusted income. You guys won't be on Medicaid through New Mexico, but you'll be 100% on a subsidized Affordable Healthcare Act plan."
