Obamacare Cost Assistance

ObamaCare’s Open enrollment ends on February 15th, are you covered? Time is running out to get coverage for 2015.

Here are some quick facts on getting covered:

  • If you make between 100% – 400% of the Federal Poverty Level you can get lower costs on the Marketplace.
  • If you have access to employer based coverage or Medicare, you won’t use the Marketplace for cost assistance.
  • If your state expanded Medicaid then all adults making less than 138% FPL qualify for free or low cost Medicaid coverage.
  • All kids are covered in every state under CHIP and the ACA.
  • Those who don’t get coverage or an exemption will face the Shared Responsibility Payment.

 

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