This is true even if you're eligible to continue the employer - sponsored plan via COBRA (note that
premium subsidies under the ACA are only available in the exchange)
Not exact matches
In addition, the individual and employer mandates will disappear and tax deductions would replace the
premium and cost - sharing
subsidies under Obamacare.
Under current law, the individual mandate and its associated penalties increase federal deficits by encouraging people to obtain subsidized coverage — through Medicaid, the health insurance marketplaces established under the ACA, or employment - based plans (which receive indirect subsidies to the extent that premiums for that coverage are excluded from taxable compensat
Under current law, the individual mandate and its associated penalties increase federal deficits by encouraging people to obtain subsidized coverage — through Medicaid, the health insurance marketplaces established
under the ACA, or employment - based plans (which receive indirect subsidies to the extent that premiums for that coverage are excluded from taxable compensat
under the ACA, or employment - based plans (which receive indirect
subsidies to the extent that
premiums for that coverage are excluded from taxable compensation).
One of the charges read, «That you, Adegbite Adetoye and Ponnle Abiodun whilst being directors of Origin Oil and Gas Limited on or about the 8th day of October 2010 to December, 2011 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory, Abuja and with intent to defraud, conspired to obtain the sum of N735, 132, 076.18 From the Federal Government of Nigeria
under false pretence that the said sum represented
subsidy accruing to you, whereas the sum is above the actual
subsidy payment for the importation of 15,000 mt of
premium motor spirit (petrol) which you claim to have purchased from Vitol SA and imported into Nigeria through MT Silverie which representation you knew to be false.»
The only person entitled to be reimbursed for COBRA
premium assistance
subsidy is the insurer providing the coverage
under the group health plan.
Although federal
subsidies do not apply,
premiums are generally much lower than private plans for persons
under age 65.
Under the ACA, people who earn between 100 % and 400 % of the federal poverty level and purchase a plan through the exchange qualify for
premium subsidies that offset their monthly insurance payments.
Under the proposed rule, the cost of pediatric dental coverage would be included in
premium subsidy calculations, even if the dental coverage is sold through the exchange as a separate policy, rather than an embedded part of the health plan.
In the remaining states, qualifying for Medicaid is more difficult and limited to vulnerable populations such as pregnant women, the disabled, the blind, or the elderly (note that although Wisconsin is among the states that has not expanded Medicaid
under the ACA, they do not have a coverage gap; low - income Wisconsin residents qualify for Medicaid or a
premium subsidy in the exchange, depending on their income).
If these individuals want to maintain their current level of coverage
under the BCRA, they'll have to pay a larger portion of the
premiums, since
premium subsidies will be aimed at keeping much less robust coverage to an affordable percentage of enrollees» incomes.
So it's not uncommon for young people to find that they don't qualify for
premium subsidies even with incomes that are well
under 400 percent of the poverty level.
If you're
under 30 and aren't eligible for
premium subsidies, you might find that a catastrophic plan offers an even lower monthly
premium, along with a slightly lower actuarial value (catastrophic plans don't have actuarial value targets the way metal level plans do; they must simply have actuarial values
under 60 percent, although they must also cover three primary care visits per year and adhere to the same upper limits on out - of - pocket costs as other plans).
If you're currently receiving a
premium subsidy (
premium tax credit) in the exchange and your employer begins reimbursing
premiums under a QSEHRA, the exchange
subsidy would be reduced by the amount of the employer reimbursement.
Plus,
under the Affordable Care Act (ACA)-- also known as Obamacare — business owners and the self - employed who purchase coverage through new health care marketplaces may qualify for
premium tax credits and
subsidies.
Highlights of the changes, required
under the Biggert - Waters Flood Insurance Reform Bill that passed in 2012, include revised
premium rates, a new Reserve Fund assessment, updated rates for non-primary residences, exclusion of certain properties from receiving subsidized
premium rates and no extesnions of
subsidy to new policies or lapsed policies.