Everything You Need to Know About Obamacare Cost Assistance For 2021 We cover everything you need to know about cost assistance for 2021 health plans under the Affordable Care Act (ObamaCare). In other words, here is everything you need to know about Premium Tax Credits, Cost Sharing Reduction Subsidies, Medicaid and CHIP, HSAs, and Medical… Read More
The Premium Tax Credit Subsidy Caps By Percentage of Household Income for SLCSP 2021 Premium tax credit caps on 2021 marketplace coverage range from 2.07% – 9.83% of income based on the 2020 federal poverty level. Premium tax credits are tax credits that can be taken in advance as Advanced Premium Tax Credits or at… Read More
Each year the ACA sets new limits for out-of-pocket maximums and deductibles. Here are the limits for 2021 plans for individuals and families. For 2021, your out-of-pocket maximum can be no more than $8,550 for an individual plan and $17,100 for a family plan before marketplace subsidies. These numbers have been revised up for 2021,… Read More
How to Sign Up For Health Insurance Under the Affordable Care Act During the 2020 – 2021 Open Enrollment Season Sign up for ObamaCare between November 1 and December 15, 2020 to get health coverage and cost assistance for 2021. Get covered at Healthcare.Gov. Key Dates For Open Enrollment 2021 To sign up for ObamaCare you… Read More
The coronavirus stimulus check included in the CAREs act is not counted as taxable income and therefore will not count toward your income limits for assistance. This means it won’t impact Obamacare subsidies including tax credits, out-of-pocket assistance, or Medicaid/CHIP.
Dates and Deadlines For the 2021 Open Enrollment Season Under the Affordable Care Act (ObamaCare) ObamaCare’s Open Enrollment period for 2021 health plans runs from November 1, 2020 to December 15, 2020 in most states. Plans sold during Open Enrollment start as early as January 1, 2021. Open enrollment is the only time of year… Read More
The 2020 Federal Poverty Guidelines (for 2021 Cost assistance and 2020 Medicaid/CHIP) Below are the 2020 Federal Poverty Guidelines that went into effect in early 2020 (the ones you use for 2020 Medicaid/CHIP and for 2021 marketplace cost assistance). These guidelines are the key to all cost assistance under the Affordable Care Act. Specifically, these guidelines… Read More
Below are the Federal Poverty Level Guidelines (FPL) used to determine cost assistance for 2020 and 2021 health coverage under ObamaCare. Please note that cost assistance for plans is based on the federal poverty levels from the previous year, so for example 2020 coverage is based on the 2019 poverty levels (you can see a… Read More
ObamaCare Open Enrollment 2020 started Nov 1, 2019 and ends Dec 15, 2019. Sign up for ObamaCare to get guaranteed coverage that qualifies for cost assistance based on income.
Below are the Federal Poverty Level Guidelines (FPL) used to determine cost assistance for 2019 and 2020 health coverage under ObamaCare. Please note that cost assistance for plans is based on the federal poverty levels from the previous year, so for example 2020 coverage is based on the 2019 poverty levels (you can see a… Read More
Each year the ACA sets new limits for out-of-pocket maximums and deductibles. Here are the limits for 2020 plans for individuals and families. For 2020, your out-of-pocket maximum can be no more than $8,150 for an individual plan and $16,300 for a family plan before marketplace subsidies. For 2020, your maximum deductible is the same… Read More
How to Sign Up For Health Insurance Under the Affordable Care Act During the 2019 – 2020 Open Enrollment Season Sign up for ObamaCare between November 1 and December 15, 2019 to get health coverage and cost assistance for 2020. Get covered at Healthcare.Gov. TIP: Open enrollment for 2021 starts Nov 1 2020. Learn more about… Read More
Our ObamaCare 2020 – 2021 Guide: Everything You Need to Know About ObamaCare Subsidies, Rates, Dates, Enrollment, and More We cover everything you need to know about ObamaCare in 2020 including information on enrollment, assistance, benefits, plan types, and more. Below we’ll cover what you need to know for 2020, and for 2021 coverage purchased in 2020. TIP:… Read More
CMS data shows that marketplace enrollment was down by 1.2 million for 2017 – 2018 for those who didn’t qualify for cost assistance. However it was up 300,000 for those that did qualify.
Out-of-Pocket Maximums and Deductible Limits For 2020 Each year the ACA sets new limits for out-of-pocket maximums and deductibles. Here are the limits for 2020 plans for individuals and families. For 2020, your out-of-pocket maximum can be no more than $8,150 for an individual plan and $16,300 for a family plan before marketplace subsidies. For… Read More
Everything You Need to Know About Obamacare Cost Assistance For 2020 We cover everything you need to know about cost assistance on 2020 health plans under the Affordable Care Act (ObamaCare). In other words, here is everything you need to know about Premium Tax Credits, Cost Sharing Reduction Subsidies, Medicaid and CHIP, HSAs, and Medical… Read More
ObamaCare could be in a very odd sort of jeopardy. Conservative lower-court judges are openly questioning if “anyone” (specifically, attorney generals from Democratic states and the house) have the right to appeal the lower-court ruling that the Affordable Care Act is unconstitutional.
Getting Short Term Health Insurance Instead of ObamaCare Short term health insurance can be used as primary health coverage in some cases. This is especially true for those who are healthy and want to keep costs low. Using Short Term Coverage As a Primary Health Insurance Using short term as your primary health insurance is… Read More
Out-of-Pocket Maximums and Deductible Limits For 2019 Each year the ACA sets new limits for out-of-pocket maximums and deductibles. Here are the limits for 2019 plans for individuals and families. For 2019, your out-of-pocket maximum can be no more than $7,900 for an individual plan and $15,800 for a family plan before marketplace subsidies. For… Read More
Dates and Deadlines For the 2020 Open Enrollment Season Under the Affordable Care Act (ObamaCare) ObamaCare’s Open Enrollment period for 2020 health plans started November 1, 2019 and ended December 15, 2019 in most states. Plans sold during Open Enrollment start as early as January 1, 2020. Open enrollment is the only time of year… Read More
The fee for not having coverage as been reduced to $0 on a federal level starting in 2019, but the side effect of that is less people obtained coverage and there is less revue to offset healthcare spending.
A List of Federal Poverty Level Guidelines By Year For ObamaCare, Medicaid, and Other Assistance Programs Below is a list of Federal Poverty Level (FPL) Guideline tables for each year since 2013. This can be helpful to see at a glance since you’ll need to use different tables for different programs. Where Can I find… Read More
Everything You Need to Know About ObamaCare for 2019: Information on Subsidies, Rates, Dates, Enrollment, and More We cover everything you need to know about ObamaCare in 2019 including information on enrollment, assistance, benefits, plan types, and more. NOTE: This page covers everything you need to know for 2019 up until open enrollment 2020 (which happens at the… Read More
The 2019 Federal Poverty Guidelines (for 2020 Cost assistance and 2019 Medicaid/CHIP) Below are the 2019 Federal Poverty Guidelines that went into effect in early 2019 (the ones you use for Medicaid/CHIP in 2019 and for 2020 marketplace cost assistance). These guidelines are the key to all cost assistance under the Affordable Care Act, specifically these… Read More
A Quick Look at the Federal Poverty Level Guidelines Used for 2013, 2014, 2015, 2016, 2017, and Beyond The tables below are simplified versions of the Federal Poverty Guidelines for 2013, 2014, 2015, and 2016 (future guidelines will be printed in late January each year in the Federal Register by HHS; generally, we’ll feature the newer guidelines above,… Read More