Tag Archives: subsidies

Obamacare: subsidies are not taxed as income

I am 58 and my daughter is 11.  I am so confused.My daughter and I receive Social Security Survivors Benefits.For 2014 our income should be $31,008 from Social Security and I have income from Dividends that should be below $2,000.Our total income should be $33,008.I did apply for Health insurance through the Market Place.It was […]

Obamacare: household income for four, health insurance for one

Does whole house income apply when only one person needs health insurance? Family: Four, Uninsured: One Dear Family Four, Household income includes money that you and your spouse earn, or receive (certain non-taxable income counts too; see the Modified Adjusted Gross Income definition).  It would not include money that your dependent children earn at their […]

Affordable Care Act: comparing plan benefits for pregnancy

Which ACA plan is the most cost effective for the average pregnancy in 2015 for a 28-year-old?  Assuming the pregnancy cost was $30,000.  Between insurance premium and possible HSA savings, which plans should we choose to spend the least amount of money? Mama Shopper Dear Mama Shopper, If you are comparing plans offered on your […]

Kids away at college need new health plan

I have employer sponsored health insurance, family plan. The only plan offered is an HMO. I have two children ages 18 and 20 both residing outside of the state of Connecticut (where I live and work), full-time students at college. This health plan will not cover anything outside of the state of Connecticut unless it […]