President | Founder, CLM Insurance Group, Delray Beach, FL
In addition to Jason's excellent and accurate answer above...the cost to the insured may be lower than the total premium if they qualify for an advanced premium tax credit and decide to take it. If they qualify for the subsidy and don't take it in advance they will still receive the money in the form of a tax refund the following year. A large portion of the countries population qualified for tax credits this year and reduced their overall premiums significantly. It's vital to work with a marketplace certified and experienced health insurance agent to help you navigate these areas.
As an individual your health insurance rates will be determined by your geographic locale, your age, whether or not you use tobacco and the level of coverage you desire or can afford (whichever comes first). After that you and your family have to fall within certain adjusted gross income ranges of the Federal Poverty Level (100% to 400% of the Federal Poverty Level in most states) in order to determine what level of premium subsidy (if any) you might qualify for plus any additional reductions in out-of-pocket expense subsidy a person might qualify for.
How much is ObamaCare for you? No one can tell you without the information I've outlined above. On a national average basis, preliminary 2014 premium cost was around $328 but that's a meaningless figure as it relates to your particular situation.
As it is after the end of the open enrollment period for this year I am somewhat concerned that you are still looking for insurance. If you have recently aged off of a parent's plan or had a change of life status event like a divorce you do have 60-days to apply for individual coverage. Please feel free to contact me if you need any assistance.
Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
Health insurance with Obamacare can be very affordable...if you qualify for a subsidy.
I'll be very brief and accurate when answering this question.
The cost of health insurance will vary depending upon where you live, your household income, your age and your smoking status. An experienced broker should help you (no charge of course) so you save time, money and frustration! Quotes are free!
Live answer provided by: Ed Harris - Experienced health insurance broker (for 33 years) with top-rated website.
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How much is ObamaCare for you? No one can tell you without the information I've outlined above. On a national average basis, preliminary 2014 premium cost was around $328 but that's a meaningless figure as it relates to your particular situation.
As it is after the end of the open enrollment period for this year I am somewhat concerned that you are still looking for insurance. If you have recently aged off of a parent's plan or had a change of life status event like a divorce you do have 60-days to apply for individual coverage. Please feel free to contact me if you need any assistance.
I'll be very brief and accurate when answering this question.
The cost of health insurance will vary depending upon where you live, your household income, your age and your smoking status. An experienced broker should help you (no charge of course) so you save time, money and frustration! Quotes are free!
Live answer provided by: Ed Harris - Experienced health insurance broker (for 33 years) with top-rated website.