3 ms·

Yes, but if that happens, thanks to the other half of Obamacare (the Medicaid expansion), if income goes to zero / povertylevel for any adult (no longer merely

by mapt 11y ago

Yes, but if that happens, thanks to the other half of Obamacare (the Medicaid expansion), if income goes to zero / povertylevel for any adult (no longer merely special classes of disabled or child-raising adult), then healthcare becomes free. People with big enough health problems that the heavily subsidized Silver market category is insufficient, but who have only a middle class income, do get stung in this system; But before Obamacare they would have been treated much, much worse should their employer fail to provide them with good health insurance. The Silver market plans are supposed to represent the standard level of care, and be subsidized on a sliding scale from 99% right above the Medicaid threshold, down to 0% at ~$100k income or so, IIRC.

evilDagmar 11y ago
From what I can tell it doesn't do this until you've been unemployed long enough to file a return with zero income.
- x0x0 11y ago
  No, you can call obamacare (not the insurer), explain the loss of income, and ask for the credit. You'll get it, obviously with penalties if you lied.
mapt 11y ago
Note also that this is reliant on not being in a state where a Republican governor has decided to turn down federal money for Medicaid expansion because Obama is a Communist Muslim Death Panelist. MN, thankfully, has chosen to implement Medicaid expansion.
- x0x0 11y ago
  Well, you have two options: 1 - If you have enough income, you will still be eligible for obamacare through the national but not state obamacare organization: healthcare.gov . The coverage gap is between medicaid on the low end if you have a family (no coverage if you're a single adult) and 100% fpl where obamacare kicks in. 2 - if you have too little income, and you should go on Medicaid expansion but unfortunately live in a state run by bigoted morons, you can always lie and claim your income is higher than it is. It turns out nobody will go after you for this. You just have to claim enough income to get yourself out of the medicaid income bracket and into the obamacare income bracket. You'll still end up with health insurance that costs (guessing) on the order of $50 to $100/mo after maximal tax credits. In most states, that is $11,770 for a single adult. Your circumstances may be complicated, though; ask someone local. There are people who will help you with this. and oh yeah: pull your head out of your ass and vote for Democrats. And make sure all your friends and family know that they're not just voting against communist muslim death panels, they're actively hurting you as well.
taurath 11y ago
Do they not count the most recent income? What if you get laid off (or even quit) and suddenly have no income, but for the last year you were making a lot?
- x0x0 11y ago
  The tax credits are calculated on your annual income. So if your income suddenly falls, you have two options: 1 - if you have the savings, just pay the bill and you'll get even with Uncle Sam when you do taxes next year 2 - call obamacare and ask for immediate credits. The credits are based on your annual income, so for example if you got laid off in June you'll get one set of credits for that year, since you had an income for half of it, and larger credits the next year, assuming you still need obamacare and don't have a job.

by mapt 11y ago

evilDagmar 11y ago

From what I can tell it doesn't do this until you've been unemployed long enough to file a return with zero income.

x0x0 11y ago
No, you can call obamacare (not the insurer), explain the loss of income, and ask for the credit. You'll get it, obviously with penalties if you lied.

mapt 11y ago

Note also that this is reliant on not being in a state where a Republican governor has decided to turn down federal money for Medicaid expansion because Obama is a Communist Muslim Death Panelist. MN, thankfully, has chosen to implement Medicaid expansion.

x0x0 11y ago
Well, you have two options: 1 - If you have enough income, you will still be eligible for obamacare through the national but not state obamacare organization: healthcare.gov . The coverage gap is between medicaid on the low end if you have a family (no coverage if you're a single adult) and 100% fpl where obamacare kicks in. 2 - if you have too little income, and you should go on Medicaid expansion but unfortunately live in a state run by bigoted morons, you can always lie and claim your income is higher than it is. It turns out nobody will go after you for this. You just have to claim enough income to get yourself out of the medicaid income bracket and into the obamacare income bracket. You'll still end up with health insurance that costs (guessing) on the order of $50 to $100/mo after maximal tax credits. In most states, that is $11,770 for a single adult. Your circumstances may be complicated, though; ask someone local. There are people who will help you with this. and oh yeah: pull your head out of your ass and vote for Democrats. And make sure all your friends and family know that they're not just voting against communist muslim death panels, they're actively hurting you as well.

taurath 11y ago

Do they not count the most recent income? What if you get laid off (or even quit) and suddenly have no income, but for the last year you were making a lot?

x0x0 11y ago
The tax credits are calculated on your annual income. So if your income suddenly falls, you have two options: 1 - if you have the savings, just pay the bill and you'll get even with Uncle Sam when you do taxes next year 2 - call obamacare and ask for immediate credits. The credits are based on your annual income, so for example if you got laid off in June you'll get one set of credits for that year, since you had an income for half of it, and larger credits the next year, assuming you still need obamacare and don't have a job.