Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I heard that if you want the subsidy to lower your premiums you MUST use the Marketplace. But, if you buy direct from the company or broker, you can claim the subsidy on your tax return. So it may be if you want it now, to lower the premiums, you go through the marketplace (exchange). If you’re willing to forgo the subsidy immediately and not take the reduced subsidized premiums from the beginning, you can buy the approved plan yourself and claim the tax credit when you file your tax return. Has anyone else heard something like this?
^^Actually, that sounds correct. If people can afford the upfront high premium and wait for the tax subsidy, they could use that avenue. Then, instead of projecting 2014 income, the IRS would have actual figures on which to calculate the subsidy.
So, my preceding post should be amended to say "if you want the reduced/subsidized premium NOW, you need to purchase the insurance through an exchange."
If you qualify for Medicare or Medicaid you CAN'T use the exchange to sign up. If you qualify for a subsidy you have to sign up through the exchange--do do otherwise would just be flat out foolish.
Just because its "smaller scale" doesn't mean that they are immune to data breaches...
I never said they were "immune" to data breaches.
And there is no possible way you can state flat out, not knowing the circumstances, of what is foolish for anyone.
Also the rolling eyes smiley is not necessary, except maybe for your own conclusions about other people's circumstances.
[color=black][font=Verdana]Once again, the breech was by a State run, owned and administered Marketplace. It is not a breech within "Obamacare" as you put it.
It is a breach under OBAMACARE. This State exchange wouldn't even exist without OBAMACARE.
And there is no possible way you can state flat out, not knowing the circumstances, of what is foolish for anyone.
Also the rolling eyes smiley is not necessary, except maybe for your own conclusions about other people's circumstances.
.
It is foolish to pay more for something when you don't have to....
I heard that if you want the subsidy to lower your premiums you MUST use the Marketplace. But, if you buy direct from the company or broker, you can claim the subsidy on your tax return. So it may be if you want it now, to lower the premiums, you go through the marketplace (exchange). If you’re willing to forgo the subsidy immediately and not take the reduced subsidized premiums from the beginning, you can buy the approved plan yourself and claim the tax credit when you file your tax return. Has anyone else heard something like this?
That's another source of confusion. I'd read different things about that subsidy. One source said it could only be claimed as a tax deduction so claimed when one filed income taxes ( apparently those who don't make enough money to file taxes are actually exempt from the individual Obamacare mandate).
But I was reading on the Florida Blue site that subsidies for individuals/families are paid directly to the insurance company and lower the premiums paid for that insurance.
Who knows? It does seem that in order to qualify for a subsidy, one does have to go to the exchanges, though. Otherwise, one can get their insurance directly from the company.
That's another source of confusion. I'd read different things about that subsidy. One source said it could only be claimed as a tax deduction so claimed when one filed income taxes ( apparently those who don't make enough money to file taxes are actually exempt from the individual Obamacare mandate).
But I was reading on the Florida Blue site that subsidies for individuals/families are paid directly to the insurance company and lower the premiums paid for that insurance.
Who knows? It does seem that in order to qualify for a subsidy, one does have to go to the exchanges, though. Otherwise, one can get their insurance directly from the company.
That is ONE way they can be paid...and the easiest I would think for most people.
I think we will bypass the exchange due to hacking risks and just stick with our insurance plan that will meet the ACA standards. It only almost doubled from $600 to $1,100 with a $6,000 deductible. It will pinch but not as bad as the quotes from Kaiser earlier that were $1,675. Only 3 more years.......
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
