If you are between 19 and 26 years of age and are not eligible for
subsidized coverage from your job, the Connector offers a Young Adult Benefit Plan for Massachusetts residents.
Not exact matches
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 compensation).
The main change in the bill involves more the money
from the federal government for states to
subsidize coverage for the sickest citizens.
In health care, there's at least a rational basis for demanding universal insurance
coverage: to apply the «savings»
from healthy people who don't need medical care to
subsidize the care of those who need lots of it.
Note comments I've added to the question: I'm not in US so the money is worth differently - $ 1000 is more than a monthly wage, and medical costs are
subsidized by the government here, so $ 1000
coverage could for example cover recovery
from small car crash (broken a bone or two, healing cuts, painkillers, hospitalization for several days, a week of physiotherapy) or a diagnostics, week of hospitalization, exams and drugs for non-chronic disease which can be healed in month or so... But I don't see how I could apply your answer, as I must choose insurance months BEFORE the medical problem occurs?
Again, this is meant to keep insurers
from «paying you» not to take their
coverage and to take
subsidized exchange
coverage instead.
Additionally, small landlords owning 6 or fewer units are exempt
from coverage as are owner - occupants of multi-family dwellings and Section 8 / federally
subsidized housing providers.
Most people who have disability insurance purchase
coverage in the form of a long - or short - term disability insurance policy
from a private company or
from their employer, either as an employer -
subsidized plan or through group disability insurance at a discounted premium rate.
If your state requires your employer to provide TDI
coverage, your employer may
subsidize the cost entirely or withhold money
from your paycheck the way it does for other socialized benefits programs like Medicare.
If your parent's employer doesn't
subsidize family
coverage, your entire monthly premium will be deducted
from your parent's paycheck.
But the proposed regulations would relax that rule, allowing «working owners» to join AHPs as long as they're not eligible for
subsidized health insurance
from another employer - sponsored plan, work at least 120 hours per month, and earn enough
from their self - employment to cover the cost of the
coverage offered by the AHP.
In his testimony, McGrew applauded the DOL and the proposal but recommended changes to the proposed eligibility criteria preventing working owners
from participating in an employer health plan if
subsidized coverage is available to them through a spouse's employer.