So, we moved from NY (where me, husband and son were covered for full coverage Medicaid) now moving to IN, me and son were approved for Medicaid but due to my husband not being a resident for more than 5 years, he was only approved for emergency services which is not useful since he needs to see a doctor for his knee pain.
Anyways, I applied through the marketplace for us and the results showed a $411 monthly premium and gave us a million health plans to choose from. It’s very confusing as we don’t know which to choose so I am still learning about all the plans.
My issue is, I spoke with a health insurance broker who told me that the subsidy that I am seeing essentially will have to be paid back when I file my taxes — I was alittle confused on WHY– but they said it is due to him being the only one applying through the marketplace and something about him needing to file his taxes separately if he wants the subsidy to apply… I called the market place but they said this isn’t true and that if the application says he’s approved for $411 monthly premium then he is fine…
Anyone know what this means for us? Who do I believe? Also, any tips on how to choose a health plan as they all have different deductibles, out of pocket expenses, and so many loop holes when you see the actual detailed benefits package (such as co pays and prescriptions they cover etc) …. I am lost
submitted by /u/msironic
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So, we moved from NY (where me, husband and son were covered for full coverage Medicaid) now moving to IN, me and son were approved for Medicaid but due to my husband not being a resident for more than 5 years, he was only approved for emergency services which is not useful since he needs to see a doctor for his knee pain. Anyways, I applied through the marketplace for us and the results showed a $411 monthly premium and gave us a million health plans to choose from. It’s very confusing as we don’t know which to choose so I am still learning about all the plans. My issue is, I spoke with a health insurance broker who told me that the subsidy that I am seeing essentially will have to be paid back when I file my taxes — I was alittle confused on WHY– but they said it is due to him being the only one applying through the marketplace and something about him needing to file his taxes separately if he wants the subsidy to apply… I called the market place but they said this isn’t true and that if the application says he’s approved for $411 monthly premium then he is fine… Anyone know what this means for us? Who do I believe? Also, any tips on how to choose a health plan as they all have different deductibles, out of pocket expenses, and so many loop holes when you see the actual detailed benefits package (such as co pays and prescriptions they cover etc) …. I am lost
submitted by /u/msironic [link] [comments]Read Morer/HealthInsurance