3 ms·
Here's a question: For those of you who are bootstrapping making <$25K or so and live in the U.S., what are you doing for health insurance now? I just found ou
by abalone 13y ago
Here's a question: For those of you who are bootstrapping making <$25K or so and live in the U.S., what are you doing for health insurance now?
I just found out that in California at least, you will be shunted to Medi-Cal, i.e. the program for people living in poverty. (At least up until now it was.)
You do not have the option of getting a subsidy for private insurance if you qualify for Medi-Cal. It is not either/or. You need to exceed a minimum income threshold for that -- and they no longer look at assets/savings to calculate that, only your income.
So, if you want a doctor that only takes private insurance, you'd have to purchase it without a subsidy. And of course, the unsubsidized market price has shot way up now. (For my plan, it doubled.)
So... what are ya'll doing? Medi-Cal? Full-price private insurance? Uninsured and taking the penalty? Haven't thought about it yet?
- zaroth 13y agoIf your small business pays average salary less than $50k the IRS will give a 50% tax credit on employer's share of premiums of a plan purchased on the exchange.
- kevin0722 13y agoCigna health insurance for a family of 4 - $610/month - $9800 deductible/year - preventative care no cost - serve as safety net in case something gone very wrong