4 ms·
This. If you income is below the ACA threshold, you pretty much get a free bronze plan through a tax credit. Or in the states that expanded Medicaid, you can
by refurb 2y ago
This.
If you income is below the ACA threshold, you pretty much get a free bronze plan through a tax credit. Or in the states that expanded Medicaid, you can qualify for it.
And this would cover your entire family.
Brzone plans will have significant deductible and co-pay/co-insurance, but it will cover you for catestrophic issues.
Medicaid is generally very low cost-sharing.
- daemonologist 2y agoYep, this. For non-expansion states (not applicable to you OP, you're good in WA!), if you find yourself with an income too low to quality for ACA subsidies, you may be able to for example do 401K -> Roth IRA conversions to raise your MAGI. Also ACA eligibility is based on your estimate for next year's income. If you make more than expected you may have to pay back subsidies, but if you make less than expected - provided it was an honest best-effort estimate - my understanding is they historically don't try to claw it back or anything. More about states without expanded medicaid: https://www.cbpp.org/research/health/the-medicaid-coverage-gap https://www.cbpp.org/research/health/the-medicaid-coverage-g... ACA self-employed income: https://www.healthcare.gov/self-employed/income/ https://www.healthcare.gov/self-employed/income/