Direct Government Coverage Calculator calculator can be used to estimate the government coverage based on income and family size.
Learn how to use the Direct Government Coverage Calculator calculator and its working principles
The calculator estimates the government coverage amount based on the family's annual income and family size. The formula used is:
Coverage Amount = Annual Income * 0.1 * Family Size
This means that for every family member, 10% of the annual income is considered for the coverage amount.
If a family has an annual income of $50,000 and a family size of 4, the estimated coverage amount would be:
Coverage Amount = $50,000 * 0.1 * 4 = $20,000