This group answers questions relating to the Affordable Care Act and its effect on people's personal finances. We help people to make informed health insurance choices and to plan for health care costs.
W2 contractor employee
I am single with 1 dependent. I work Fulltime as a W2 contract employee. The firm I work for provides health insurance (medical & dental), however the cost for myself & 1 dependent is $915 a month. Can I opt out of the insurance and find my own cheaper insurance. I am under the impression that you have to accept your companies benefits if they are offered.
Maricopa County Arizona Posted 4 days ago
Medicaid and Grandson
The wife and I are both over 65 years old and both on Medicare. We have custody of a 6 year of child who is on Medicaid. We live in Indiana. The state is reviewing our grandchild status to see if he is eligible for Medicaid. We claim him on our Federal and State taxes. We would like to know more about his status in this situation. The little I have found about it is misleading as once it says if grandparents are not filing for insurance our income would not be included and then it says because we claim him on our taxes our income is included to see if grandchild is eligible for Medicaid. Grandchild income is $21 dollars a month from social security and we get $70 dollars a week for child support from the parents. Can you help and provide an answer?Thank you
Health Insurance - What do I do?
I have been given a price of $358.00/mo with $5,000.00 deductable for 56 year old female non smoker. I have Hashimoto's and am working on this through non-traditional means and paying for these services out of pocket. Now I will be paying $4,300 per year for insurance that won't cover anything I'm doing for my health. Do you have to have a major medical policy to have a HSA? And do you have any other suggestions? My tax man figured my penalty for not having insurance will be around $750.00. And, is it worth appealing on the HealthCare.gov site?
Mecosta County Michigan Posted 27 days ago
Health Care Insurance - re income
My income is 789.00 a month SS retirement benefts. I applied online and over the phone and both times it came up that I did not qualify for financial help with paying the premium. The cheapest premium was about $370 a month. That would leave me $330 a month to live on. How do I NOT qualify for financial help with this? The health care rep on the phone said it was because my income was too little. This doesn't make any sense. Can you help answer this? I would like to get health care insurance.
Ionia County Michigan Posted 27 days ago
Can I get a list of facilitators. I would like some help, with health care. I live in lake county mi.
Lake County Michigan Posted 30 days ago
East Baton Rouge County Louisiana Posted about 1 month ago
Penalty associated with medicare
My wife and I are both 60 years old, my wife is on social security disability (not SSI)and enrolled in medicare for which we pay 100.00 per month I am uninsured with no employer plan available, our income is aprox. 38000./yr. As far as I have been able to determine an individual policy for myself will cost 155.(6000. deductable) to 300./month, if I include my wife for a 2 person policy I can get a better plan for little to no premium cost to us. Is there provision to account for the $100 premium we already pay? For the individual policy I have to include her income (15500/yr) as if I were a one person household which puts me into a higher premium bracket than I would pay if we were to get a policy to cover both of us. The way its set up we should drop the medicare and get a policy to cover a 2 person household, we could get better coverage with a very affordable premium, however since she is eligible for medicare that is not an option. Is there any way to include her premium into our overall monthly premium cost or are we being inadvertently penalized for our situation?
Ottawa County Michigan Posted about 1 month ago
How are health insurance "negotiated rates" negotiated?
Are "negotiated rates" negotiated on an insurer-by-insurer basis or a plan-by-plan basis? In other words, will two plans from the same insurer always pay the same negotiated rate for a given procedure at a given provider?
Am I falling through the cracks in Michigan?
My Husband and I probably will not fall under Medicaid even with expansion because we have an income of 40,000 for two adults. We are not old enough for medicare since we are 56 and 57 years old and both working. Healthcare.gov experts told us our income would qualify us for subsidy in any other state, but Michigan did not buy into the Medicaid expansion therefore we cannot receive the subsidy but we will not be penalized for not enrolling for insurance. I thought as a Federally mandated program all citizens were required to carry health insurance. If Michigan expands Medicaid in March, will we then be eligible for a subsidy beginning in March? (and penalized if we don't have insurance coverage) Will March be too late for Michigan residents to apply for the subsidy because open enrollment for Healthcare.gov will be over? Are Michigan residents eligible for the tax deduction even though Michigan residents cannot take the subsidy? Coverage looks like it will cost a third of our income. Is there something available to Michigan residents that I am not aware of that covers people in our situation?