Are ObamaCare Premiums Based on Household Income?
If I retire at age 62, but my husband continues to work and have health coverage through his company, will my Obamacare premiums be based solely on my retirement income on our combined household income?
Answer
Cost assistance amounts are based on household Modified Adjusted Gross Income. The only other things that can affect cost assistance are being over 65, having coverage through work, or not being eligible due to citizenship or incarceration.