2. Legal stuff
Notice of Disclaimer –Cathy Miller is not an attorney or health care
provider and cannot provide legal or health care advice.
The information provided is for your general background only, and is not
intended to constitute legal or health care advice as to your specific
circumstances.
We recommend you review legislation with legal counsel and visit your
physician for health care issues.
The following is a brief overview only (as of September 2013).
Photo Credits: BigStock Photo
17. 3.5
Million +
What if you still can’t afford it?
If insurance costs
less than 8% of your
household income
18. 3.5
Million +
What if you still can’t afford it?
If insurance costs
less than 8% of your
household income
BUT, YOU STILL CANNOT AFFORD IT – YOU MAY
BE ELIGIBLE FOR HELP (A SUBSIDY) PAYING
YOUR PREMIUM
19. Who is eligible for help?
Middle & low income
individuals may be eligible
20. Who is eligible for help?
2013 ESTIMATES
Individuals earning $45,960
(or less)
A family of four $94,200
(or less)
ESTIMATES BY FAMILYUSA
23. THE FLAT DOLLAR AMOUNT
$95
$47.50
$325
$162.50
$695
$347.50
PER ADULT PER CHILD
2014 2015 2016
You pay the higher of
24. THE FLAT DOLLAR AMOUNT
$95
$47.50
$325
$162.50
$695
$347.50
PER ADULT PER CHILD
2014 2015 2016
You pay the higher of
25. OR THE % OF FAMILY INCOME
$95
$47.50
$325
$162.50
$695
$347.50
PER ADULT PER CHILD
2014 2015 2016
26. OR THE % OF FAMILY INCOME
$95
$47.50
$325
$162.50
$695
$347.50
PER ADULT PER CHILD
2014 2015 2016
1% OF FAMILY INCOME IN 2014 – 2% IN 2015 – 2.5% IN 2016
27. 3.5
Million +
Is your current coverage ok?
Probably – but check
with your employer
or insurance agent
IF YOU’RE COVERED BY MEDICARE OR MEDICAID,
YOU HAVE THE REQUIRED COVERAGE
36. YES
If they qualify as
dependents under
the IRS Code
IT GETS TRICKY WITH CUSTODIAL VERSUS
NON-CUSTODIAL PARENTS SO CHECK WITH
YOUR TAX CONSULTANT IF THIS APPLIES
41. CHECK
REQUIREMENT
• Are you
required to
have
coverage?
• Are you
excluded
from the
requirement?
CHECK OPTIONS
• Employer
coverage?
• Government
program?
• Buy your
own?
CHECK FINANCIAL
HELP
• Are you
eligible for
premium
help?
• If employer
coverage, any
incentives to
lower your
cost?
43. Cathy Miller, Business Writer
Business site:
www.SimplyStatedBusiness.com
Want more health care information?
Visit my health care blog at
www.SimplyStatedHealthCare.com