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In States That Don’t Expand Medicaid, Some Of The Uninsured May Still Get Help
In States That Don’t Expand Medicaid, Some Of The Uninsured May Still Get Help
Some of the millions of poor people expected to lose out on Obamacare coverage next year because their states are not expanding Medicaid might have a way to get help, but the strategy carries risk.
Experts say the key is for them to project their 2014 income to at least the federal poverty level, about $11,500 per person or $23,500 for a family of four.
snip---
While there are steep fines for knowingly lying on a government application for financial assistance, if someone merely miscalculates their income above the poverty level in 2014, and is later found to have made less than the poverty level, they won't have to pay any money back, according to the Treasury Department.
"There's little risk because under the rules you don't have to pay anything back," said Richard Trembowicz, vice president for Celtic Insurance Co., a subsidiary of Centene Corp. which is offering plans on several exchanges, including Mississippi.
Some of the millions of poor people expected to lose out on Obamacare coverage next year because their states are not expanding Medicaid might have a way to get help, but the strategy carries risk.
Experts say the key is for them to project their 2014 income to at least the federal poverty level, about $11,500 per person or $23,500 for a family of four.
snip---
While there are steep fines for knowingly lying on a government application for financial assistance, if someone merely miscalculates their income above the poverty level in 2014, and is later found to have made less than the poverty level, they won't have to pay any money back, according to the Treasury Department.
"There's little risk because under the rules you don't have to pay anything back," said Richard Trembowicz, vice president for Celtic Insurance Co., a subsidiary of Centene Corp. which is offering plans on several exchanges, including Mississippi.
If this was posted before, well, it's posted again, can't hurt.
Just an FYI on a possible way to beat the system in those mean, nasty republican red states that want to deny health insurance to their less economically fortunate citizens. I have been helping sign people up who were reluctant to sign up before, they are realizing it's crunch time, even some of the rednecks are coming around!
I don't have time to respond to posts, please kick, to help some people get insurance, and help everyone kick ass on the evil republicans
Thanks.
2 replies
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= new reply since forum marked as read
