Can individuals buy coverage through the Exchange if they are eligible for coverage through their jobs?

Yes, but these applicants would have to pay for the full cost of the premium unless they meet the “unaffordability” exception. Under the rules of the premium tax credits, applicants are ineligible for the credits if they are eligible for “affordable” coverage through their jobs. If the cost to the employee of self-only coverage is less than or equal to 9.5 percent of the employee’s income, then the coverage is considered affordable and the employee would be ineligible for the tax credits. If the cost of the coverage is greater than 9.5 percent of the employee’s income, then the coverage is deemed “unaffordable” and the applicant could qualify for the tax credits.