Does Owning a Home Affect ObamaCare?

Do I qualify for Obama Care. I own a Home and have an income of $22,000.00 my wife and I we will retire next year.

Owning a home and other assets don’t affect ObamaCare subsidies or Medicaid. Those are both based on household income. There is an estate tax for those who use Medicaid for long-term care, but cost assistance is based solely on projected household income after deductions. The caveat being that states that didn’t expand Medicaid have other qualifying factors of eligibility. At your income level you have access to cost assistance on the Marketplace, but be aware you must shop during open enrollment. Since open enrollment is over for the year, you’ll need to look into special enrollment.

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I live in california, i have an income of 50 to 55 thousand a year depending on hours worked. I am married with two kids. I was told lat year when trying to sign up for subsidies for insurance that i had too many assets, i do have a ira and 401k and am buying our home, please help i am at the point of not knowing what to do, i pay 1280 dollars a month for insrurance through my employer, i can no longer afford it , please help.


Assets don’t matter with the ACA, only with long term care in Medicaid generally speaking.

Specifically, ACA tax credits are income based. If Bill Gates managed to have income between 100% – 400% of the poverty level in a year, then he would qualify for tax credits (although he wouldn’t due to capital gains, but let’s pretend to illustrate a point).

Unless I’m missing something, you don’t have too many assets, if anything your income is too high $50k is reaching the cut-off point. See the Federal poverty Level:


I have a friend that owns a house in Mesa, AZ, and a house on the ocean in Redondo Beach CA. This same person lives with her boyfriend that is on social security and works under the table. Why are these people able to get Medicaid?


If we went Jones through Jones, looked at their tax returns, and looked at their under-the-table dealings, us honest and good folks would be pissed. I mean really really pissed. This is why we don’t “see the tax returns”. Just like, we can’t worry about “them”, we good people need to do the right thing. That right thing includes caring for the sick and poor… and this is “why Medicaid”. To your point, Medicaid is based on income in most cases, not wealth.


If I inherited money,and now have assets,can I be denied Obama care. I just lost my job,so I have 0 income. Just wondering about my assets?


Your primary home and usually your primary vehicle don’t affect Medicaid eligibility or eligibility for cost assistance for Marketplace insurance. Cost assistance (assuming the other criteria are met) is based on your MAGI. Most inheritance is not considered income and will not effect your MAGI score. However, if you inherit an asset and get capital gains from a sale, then that is income and tax deductible. Here’s the IRS publication for more information.


Unclear to me – but this is what one must agree to:

9: To the extent permitted by law, MassHealth may place a lien against any real estate owned by eligible persons or in which eligible persons have a legal interest. If MassHealth puts a lien against such property and it is sold, money from the sale of that property may be used to repay MassHealth for medical services provided.


Right. Medicaid costs over a certain amount can be sought after life, if the conditions are right. This has been true for years. It is about your state reclaiming dollars it spent on care. Most states refuse to actually do this and just lose the money instead. This isn’t an ObamaCare thing to be clear (only in the respect that the ACA expanded Medicaid).

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