Author: Marion Watson

The Affordable Care Act (ACA) provides financial assistance to millions of Americans who need health insurance through the Health Insurance Marketplace. These subsidies help lower the monthly cost of health insurance premiums. However, there are income eligibility requirements that must be met to qualify for these subsidies. Minimum Income Threshold To qualify for ACA Marketplace…

Losing your job or being laid off can be a stressful and uncertain time. One of the many challenges you may face is figuring out how to maintain health insurance coverage for yourself and your family. If you are currently enrolled in an employer-sponsored health plan, you may be wondering if you can cancel it…

Navigating health insurance under the Affordable Care Act (ACA) can be complex, especially when you experience changes in life circumstances. Let’s explore the topic of qualifying life events and how they impact your health insurance options. In a real-life scenario, a woman is facing a change in employment that affects her health insurance coverage. She…

The Affordable Care Act (ACA) has made health insurance more accessible and affordable for millions of Americans. However, understanding the ins and outs of ACA insurance can be daunting. In this blog, we’ll explore a specific aspect of ACA insurance: how your income and Medicaid eligibility affect your premium costs. Income and Medicaid Eligibility Medicaid…

The Affordable Care Act (ACA) open enrollment period is underway, and it’s crucial to be aware of the deadlines and options available. This yearly enrollment period is your chance to sign up for health insurance through the Marketplace if you don’t have coverage through your employer or another source. Key ACA Enrollment Dates to Remember:…

The Affordable Care Act (ACA), also known as Obamacare, has had a significant impact on health insurance availability and coverage. In this blog, we will delve into a specific sub-topic related to ACA insurance, providing valuable insights and educational information to help you make informed decisions. ACA Marketplace and Subsidies The ACA created health insurance…

Planning for retirement is an important task, and understanding your health insurance options is a key part of the process. If you and your spouse are planning to spend five months in Europe each year, you may be wondering if it’s possible to have ACA health insurance for only the seven months you’ll be in…

Introduction: Navigating the complexities of health insurance can be a daunting task. One common pitfall people encounter is unintentionally “double-dipping” health insurance tax credits, resulting in IRS penalties. To help unravel this situation, we’ll delve into a case study and explore how to rectify the issue while ensuring you maintain adequate health coverage. Understanding Double-Dipping:…

If you recently lost your health insurance due to a life event, such as a divorce, you may be wondering what your options are for getting covered. The Affordable Care Act (ACA) offers several ways to get health insurance, including through the Health Insurance Marketplace. Open Enrollment Period The Health Insurance Marketplace is a place…

Introduction: Many Americans rely on the Affordable Care Act (ACA) for affordable health coverage. One crucial aspect of ACA eligibility is income, which can be impacted by various factors, including home and rental property ownership. This blog delves into the important relationship between income, mortgages, and ACA health insurance to help you make informed decisions….

Navigating health insurance options can be confusing, especially when it comes to determining eligibility for government programs like Medicaid. The Affordable Care Act (ACA) expanded Medicaid coverage to low-income individuals and families, but many people wonder if healthy individuals with modest incomes can qualify for this program. Who is Eligible for Medicaid? Medicaid eligibility requirements…

Retroactive insurance cancellation, as the name suggests, involves canceling an insurance policy retroactively, meaning it’s canceled back to a specific date before the present. This concept often arises in healthcare insurance plans, particularly under the Affordable Care Act (ACA). ACA health insurance plans allow individuals and families to obtain health coverage through health insurance exchanges…

The Affordable Care Act (ACA) provides health insurance subsidies to individuals and families with incomes below certain thresholds. However, these subsidies are subject to income cliffs, which can result in a loss of coverage or increased premiums if your income slightly exceeds the threshold. For retirees dependent on ACA health insurance, it’s crucial to understand…

In line with the recent post, we’ll discuss health insurance coverage under the Affordable Care Act (ACA) for lawful permanent residents, commonly known as green card holders. Eligibility for Green Card Holders Green card holders are “lawfully present” immigrants, which makes them eligible for ACA health insurance. They are entitled to apply for coverage through…

As an American citizen returning to the United States, you may find yourself in need of health insurance coverage for a short period of time before your new insurance plan kicks in. Fortunately, the Affordable Care Act (ACA) provides a special enrollment period (SEP) that allows you to enroll in a qualified health plan outside…