What Healthcare Options are Available if You Have No Income and Live in a State with No Expanded Medicaid?

Every year, when the Open Enrollment Period (OEP) for health insurance comes around, many Americans wonder if they will be able to afford health insurance. The cost of health insurance can be a significant financial burden, especially for those who are not working or have low incomes.

If you are in this situation, there are a few things you can do to find affordable health insurance. One option is to apply for Medicaid. Medicaid is a government program that provides health insurance to low-income individuals and families. To be eligible for Medicaid, you must meet certain income requirements. The income requirements vary from state to state.

Another option is to apply for the ACA (Affordable Care Act) Marketplace. The ACA Marketplace is a government-run website where you can shop for health insurance plans. The plans offered on the ACA Marketplace are private health insurance plans, but they receive subsidies from the government. These subsidies can make health insurance more affordable for low-income individuals and families.

Who Can Get the Premium Tax Credit?

To qualify for the premium tax credit, you must meet certain income requirements. The income requirements vary depending on your filing status and the number of people in your household. You can use the ACA Marketplace Subsidy Calculator to see if you qualify for the premium tax credit.

How to Apply for the ACA Premium Tax Credit

If you qualify for the ACA premium tax credit, you can apply for it when you apply for health insurance on the ACA Marketplace. You will need to provide information about your income and household size. The ACA Marketplace will use this information to calculate how much of a premium tax credit you are eligible for.

The premium tax credit is paid directly to your health insurance company. This will lower your monthly premium payments.

How Much is the ACA Premium Tax Credit?

The amount of the ACA premium tax credit you receive will depend on your income and household size. The maximum amount of the premium tax credit is $750 per month for an individual and $1,500 per month for a family.

Your Case

You mentioned that you are in a similar situation and you live in a state with no expanded Medicaid. Due to North Carolina not expanding Medicaid, you are in the coverage gap. The coverage gap is the group of people who earn too much money to qualify for Medicaid but not enough money to qualify for the premium tax credit. These people are often referred to as the “Medicaid Gap” population.

Although you have no income, you can still apply for Medicaid. You may be eligible for Medicaid if you have a disability. If you are approved for Medicaid, you will be able to get health insurance for free or at a very low cost.

If you are not eligible for Medicaid, you can apply for health insurance on the ACA Marketplace. You may be eligible for the premium tax credit, which can make health insurance more affordable.

To apply for Medicaid or health insurance on the ACA Marketplace, you can go to HealthCare.gov. You can also call the Marketplace at 1-800-318-2596.

To find a licensed agent in your area, please visit: www.healthcare.gov/find-local-help/