Frequently-asked questions by tag
I am on Medicare and Social Security. My wife is self employed and needs insurance from the state exchange. How do we figure our household income?
February 5, 2024 – For the purpose of determining subsidy eligibility, the IRS and the health insurance exchanges use an ACA-specific version of modified…
We claim our son, but not our daughter, on our taxes. How are premium subsidies calculated for families like ours?
December 5, 2022 – Subsidy eligibility is based on modified adjusted gross income (MAGI). For your family, your MAGI will include income for yourself and your…
I thought subsidies were available for anyone with incomes up to 400% of poverty level, but the calculators I’ve used say our family doesn’t qualify. Why?
July 7, 2022 – Subsidies are only provided if the unsubsidized cost of the benchmark silver plan would be considered unaffordable without the subsidy. But…