Talk of The Villages Florida - View Single Post - No health insurance
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Old 12-29-2019, 07:44 AM
biker1 biker1 is offline
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Yes, eligibility for an Obamacare subsidy and the amount of the subsidy is not dependent on how much money you have, unless that money generates reportable income in excess of the MAGI maximum (about $65K). They only look at your MAGI for the subsidy calculation. As strange as it may sound, you could have a large net worth and still get a large subsidy depending on how your net worth is invested.

Quote:
Originally Posted by rustyp View Post
Now I'm confused, It sounded like you are totally against getting health insurance. In this post it sounds like you are willing to pay a small amount of like $100. Are you willing to or not ? If yes there are ways to get a policy through the Affordable Care Act (ACA) even if you have a substantial amount of money. I was in the same position as you paying $1600/month before Medicare and was able to get better coverage through ACA for $100/month. Takes a little effort and planning.

Also for all of us please make it clear is this thread about finding a cash only doc near TV or about your crusade against health insurance ? If your tempted to answer both please prioritize which one is more important to you so as the moderator requested we stay on subject.

Last edited by biker1; 12-29-2019 at 09:43 AM.