Your guide to 2014 Health Plan Subsidies!


How will the marketplace exchanges verify income for health insurance plan subsidies?

Beginnig in 2014 qualified individuals will receive health insurance plan subsidies. Qualification for the health plan subsidies will be based on an individual or families modified adjusted gross income (MAGI for short). Me people have asked me how the new marketplace exchanges will verify their income information. In short, the new health insurance marketplace exchanges […]

Health Insurance subsidies and Catastrophic plans

Beginning in 2014, many people, especially people under 30, will be eligible for a reduced cost “Catastrophic Plan”. These Catastrophic Plans will be offered in the new Health Insurance Marketplace Exchanges. It is important to note however, that purchasers of catastrophic plans are not eligible to receive monthly premium subsidies to offset the cost of […]