My family is currently on Medicaid. Husband is on an adult expansion plan -me on pregnancy Medicaid (expires 1/30/21 if they don’t accept my renewal) -2 kids expiring this summer/fall (I would have to check specific date) – and an infant expiring in November 2021
My husband just got a new job that I believe will put us over the income limits which from what I understand will kick both my husband and I off of Medicaid.
His new job offers insurance and will pay $383 of any plan. Single cost is $511 or $1328 for family. Deductible (individual) is $250 and OOP max is $1250. The cost for this family policy though will be nearly 1/3 of his take home pay and we can’t really afford that.
From what I understand we will not be eligible for marketplace tax credits because he is offered insurance through work. Correct? Or would the kids and I be eligible for marketplace with tax credits?
So if we can’t get marketplace insurance our only option is to go on his employers family health plan.
If we can get marketplace do I get an individual plan for now and add each child when their Medicaid renewal is up?? That’s assuming they can’t renew because our income will be too high.
Any other options that I’m not seeing here?? Is marketplace with tax credits an option for us?
submitted by /u/dmama14
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My family is currently on Medicaid. Husband is on an adult expansion plan -me on pregnancy Medicaid (expires 1/30/21 if they don’t accept my renewal) -2 kids expiring this summer/fall (I would have to check specific date) – and an infant expiring in November 2021 My husband just got a new job that I believe will put us over the income limits which from what I understand will kick both my husband and I off of Medicaid. His new job offers insurance and will pay $383 of any plan. Single cost is $511 or $1328 for family. Deductible (individual) is $250 and OOP max is $1250. The cost for this family policy though will be nearly 1/3 of his take home pay and we can’t really afford that. From what I understand we will not be eligible for marketplace tax credits because he is offered insurance through work. Correct? Or would the kids and I be eligible for marketplace with tax credits? So if we can’t get marketplace insurance our only option is to go on his employers family health plan. If we can get marketplace do I get an individual plan for now and add each child when their Medicaid renewal is up?? That’s assuming they can’t renew because our income will be too high. Any other options that I’m not seeing here?? Is marketplace with tax credits an option for us?
submitted by /u/dmama14 [link] [comments]Read Morer/HealthInsurance