Currently my family relies a lot on Medicaid, but I was wondering that if I, a 17 year-old student, were to start working part-time, would it increase our household income? I was hoping to save up some money for college expenses, but I’m a little worried that our health insurance would cost higher or be canceled if I brought more income to the house. Is there any way for me to work without affecting my family’s current medicaid and health insurance in any way, shape or form? Thank you for your time.
Your family can lose Medicaid if they claim you as a dependent and you push your family income over the Federal Poverty Level. That level depends upon if your state expanded Medicaid. The best bet would be for you to not be claimed as a dependent and then get your own Medicaid coverage, if you make too much switch to Marketplace cost assistance.
It's a little tricky, but its' all about knowing eligibility levels and tax filing rules.
Ps. Make sure to understand deductions. Cost assistance is based on Modified Adjusted Gross Income. You can lower this by taking tax deductions, some of which are specific to students.