What Are the Asset Limits for ObamaCare?
What are the asset limits for ObamaCare?
Answer
There are no asset limits for Marketplace assistance under ObamaCare. Cost assistance for tax credits, out-of-pocket assistance, and Medicaid are all based on income only and not assets.
While there are a few other eligibility qualifications like being a citizen and not having access to affordable employer-based or Medicare, both premium tax credits and out-of-pocket assistance are both based on income and not wealth or assets.
Learn more about subsidies.