I just got unemployed, and I would like to think I could get another job in a couple of months, so what do I do?
I don’t think I can afford healthcare, while I have next to no income. They say the penalty is $700, but if Iam only out of work for a couple of months, isn’t the penalty broken down to each month, so the penalty would not be much, or no?
I live in florida, so my income would be unemployment of $275 (which is the max), I am already struggling, so there is no room in the present budget, I have already called all bills and shaved, what I could. what guidance can you give me. I earned $74k, last year, but now the future is unknown.
If you are unemployed you have lots of options. Cost assistance is based off of projected annual income and being laid off triggers a special enrollment period. If your income is low enough, you may qualify for CHIP depending upon the state. No matter what, your best bet is to call the Health Insurance Marketplace HealthCare.Gov. If you let them know your situation they can help to see if you qualify for a special enrollment period.
Again you won't base your cost assistance on last years tax returns. Instead you'll note that you got lost employment, don't have employment, and thus don't have income. Keep in mind you'll need to project at least 100% of the federal poverty level to qualify for subsidies. Florida didn't expand Medicaid, so the best bet in your case will be to figure out how you can reasonably project that 100%, perhaps unemployment and recent earnings can do the trick?
Learn about the Federal Poverty Level.
Learn about the Health Insurance Marketplace.
Learn about Special Enrollment.