Hello. I’ve been unemployed since the pandemic started and am expecting to remain that way for at least a few more months. I’ve decided to go ahead and sign up on the marketplace because I’m just getting old (53) and have gone without treatment for over a year now.
I just read this over on the Kaiser site: “The COVID-19 relief law makes special considerations for people approved to receive or receiving unemployment compensation at any point in 2021. Under the COVID-19 relief law, if a person is receiving unemployment compensation and she qualifies to purchase insurance on the Marketplace, she and any eligible dependents can get a silver plan with a $0 premium. That is because, under the proposal, any household income above 133% of poverty is not considered in the calculation of her premium tax credit if she receives unemployment insurance’
So, does this mean that if I want coverage to begin on April 1st, I should go ahead and choose and pay for the best silver plan I can afford copayments on, then when the relief kicks in my premium will be $0? If that is the case, I can sacrifice $300 or whatever to cover the first month.
I’ve always had employer paid insurance so this is new to me.
Thanks.
submitted by /u/TreehouseOfHorror69
[link] [comments]
Hello. I’ve been unemployed since the pandemic started and am expecting to remain that way for at least a few more months. I’ve decided to go ahead and sign up on the marketplace because I’m just getting old (53) and have gone without treatment for over a year now. I just read this over on the Kaiser site: “The COVID-19 relief law makes special considerations for people approved to receive or receiving unemployment compensation at any point in 2021. Under the COVID-19 relief law, if a person is receiving unemployment compensation and she qualifies to purchase insurance on the Marketplace, she and any eligible dependents can get a silver plan with a $0 premium. That is because, under the proposal, any household income above 133% of poverty is not considered in the calculation of her premium tax credit if she receives unemployment insurance’ So, does this mean that if I want coverage to begin on April 1st, I should go ahead and choose and pay for the best silver plan I can afford copayments on, then when the relief kicks in my premium will be $0? If that is the case, I can sacrifice $300 or whatever to cover the first month. I’ve always had employer paid insurance so this is new to me. Thanks.
submitted by /u/TreehouseOfHorror69 [link] [comments]Read Morer/HealthInsurance