Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
- 2,040
just WOW...lower your standards of living so you can be "subsidized" by THE taxpayers..just lovely
SNIP:
Kathleen Pender
Published 3:34 pm, Saturday, October 12, 2013
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Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can buy health insurance on a state-run exchange and get a federal tax subsidy. Photo: Uncredited, Associated Press
Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can buy health insurance on a state-run exchange and get a federal tax subsidy. Photo: Uncredited, Associated Press
People whose 2014 income will be a little too high to get subsidized health insurance from Covered California next year should start thinking now about ways to lower it to increase their odds of getting the valuable tax subsidy.
"If they can adjust (their income), they should," says Karen Pollitz, a senior fellow with the Kaiser Family Foundation. "It's not cheating, it's allowed."how about that Kaiser Family Foundation huh?
Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can purchase health insurance on a state-run exchange (such as Covered California) and receive a federal tax subsidy to offset all or part of your premium.
If your income falls below 138 percent of poverty, you qualify for Medicaid, which provides no-cost health care to low-income people. In California, it's called Medi-Cal.
If your income is higher than 400 percent of poverty, you can purchase a policy on or off the exchange, but in either case, you won't get a subsidy and the policy must provide certain essential benefits that many low-cost individual policies lack today, such as maternity care.
For older people, getting below the 400 percent poverty limit could save many thousands of dollars per year.
all of it
Lower 2014 income can net huge health care subsidy - SFGate
this will be your wonderful lives...so lower your incomes and standards...hey it's NOT CHEATHING they say
SNIP:
Kathleen Pender
Published 3:34 pm, Saturday, October 12, 2013
.
Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can buy health insurance on a state-run exchange and get a federal tax subsidy. Photo: Uncredited, Associated Press
Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can buy health insurance on a state-run exchange and get a federal tax subsidy. Photo: Uncredited, Associated Press
People whose 2014 income will be a little too high to get subsidized health insurance from Covered California next year should start thinking now about ways to lower it to increase their odds of getting the valuable tax subsidy.
"If they can adjust (their income), they should," says Karen Pollitz, a senior fellow with the Kaiser Family Foundation. "It's not cheating, it's allowed."how about that Kaiser Family Foundation huh?
Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can purchase health insurance on a state-run exchange (such as Covered California) and receive a federal tax subsidy to offset all or part of your premium.
If your income falls below 138 percent of poverty, you qualify for Medicaid, which provides no-cost health care to low-income people. In California, it's called Medi-Cal.
If your income is higher than 400 percent of poverty, you can purchase a policy on or off the exchange, but in either case, you won't get a subsidy and the policy must provide certain essential benefits that many low-cost individual policies lack today, such as maternity care.
For older people, getting below the 400 percent poverty limit could save many thousands of dollars per year.
all of it
Lower 2014 income can net huge health care subsidy - SFGate
this will be your wonderful lives...so lower your incomes and standards...hey it's NOT CHEATHING they say
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