If someone currently has an ins policy thru the marketplace as a single person and they get married, how will this affect their coverage? Can the spouse be added to their policy with a rate increase or do they have to re-apply? Also what is the income level for a married couple?
If a single person get's married they can use special enrollment to switch to a family plan. They will need to adjust tax credits on form 8962 at the end of the year.The same is true for divorce, one can switch off a family plan using special enrollment and adjust net tax credits using form 8962. There are tax implications to all of this, and it's important to note that cost sharing limits and subsidy amounts change depending upon household size.
There is a lot to brush up on, but the system is fair either way. It really all depends upon one question: "will you file jointly at the end of the year". If you file taxes jointly, then make sure to get on the family plan and get the right cost assistance for your projected income for the year. If you won't file jointly, then certain families may benefit from holding tow individual plans due to the way subsidies are based on income.
Learn more about subsidies.
Learn more about the 8962 tax credit form.
Learn more about special enrollment.