*Higher subsidy for low-income households

Up to 400% of Federal Poverty Level (FPL); that is, $106,000 annual income for a family of four in 2021.

*Subsidy for laid-off workers

*If you enrol an ACA healthcare plan and pay more than 8.5% of household income toward health insurance, then the premium will drop on average about $50 per person per month or $85 per policy per month.

-American Rescue Plan by President Biden

Given the subsidy of Affordable Care Act (2021) and the info above, please show the calculation and evaluate whether the following two families in 2021 can by subsidized either fully or partially, to pay for medical-related costs including health insurance premium:

(a) A family of 2 with annual income at $60,000.

(b) A family of 4 with annual income at $120,000 and spending of $9,500 on healthcare insurance premium