Do you have to meet a certain income in order to be required to purchase health insurance? I am a low income family of 3. I receive Medicaid for our son, but my husband and I are not insured for health and can not afford to pay for it, will I be penalized for being low income? Will I have to pay fines for not enrolling by February if I can not afford it?
Every family is different but in general cost assistance is offered to anyone making 100%-400% of the Federal Poverty Level. So do check the chart in the link above for a complete breakdown of incomes that qualify you for cost assistance, including assistance through Medicaid and CHIP.