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For example, a family of four at 200 percent of the Federal Poverty Level (about $48,677 in 2016) cannot pay more than 6.3% of their income for health insurance. The CBO estimates that the average cost of the reference insurance plan (the plan used to calculate the tax credit) will be $14,100 for family coverage in 2016. Therefore, a family of four that qualifies for a credit in 2016 and that makes $48,677 would be required to pay about $3,067 for health insurance (6.3% of household income). The difference, $11,033, is the value of this family’s refundable tax credit. According to the CBO, 20 million Americans will receive health insurance tax credits in 2020 at a cost of $130 billion.<ref>[http://oversight.house.gov/wp-content/uploads/2012/02/10-27-11_Obamacares_Subsidies_and_Tax_Distribution_Final.pdf Impact of the Obamacare Tax Credits], House Committee on Oversight and Government Reform, Staff Report, October 27, 2011.</ref>
For example, a family of four at 200 percent of the Federal Poverty Level (about $48,677 in 2016) cannot pay more than 6.3% of their income for health insurance. The CBO estimates that the average cost of the reference insurance plan (the plan used to calculate the tax credit) will be $14,100 for family coverage in 2016. Therefore, a family of four that qualifies for a credit in 2016 and that makes $48,677 would be required to pay about $3,067 for health insurance (6.3% of household income). The difference, $11,033, is the value of this family’s refundable tax credit. According to the CBO, 20 million Americans will receive health insurance tax credits in 2020 at a cost of $130 billion.<ref>[http://oversight.house.gov/wp-content/uploads/2012/02/10-27-11_Obamacares_Subsidies_and_Tax_Distribution_Final.pdf Impact of the Obamacare Tax Credits], House Committee on Oversight and Government Reform, Staff Report, October 27, 2011.</ref>
===Other impacts===
Due to ObamaCare, big hospital corporations received much larger profits at the expense of smaller firms.<ref>Carney, Timothy P. (July 18, 2017). [http://www.washingtonexaminer.com/obamacare-has-meant-record-profits-for-hospitals-not-to-the-benefit-of-the-public/article/2628938 Obamacare has meant record profits for hospitals, not to the benefit of the public]. ''Washington Examiner''. Retrieved July 18, 2017.</ref>
== Basis for Legal Challenges ==
== Basis for Legal Challenges ==