The Federal Poverty Level: Do you qualify for a subsidy?

The Federal Poverty Level: Do you qualify for a subsidy?

As an individual seeking health coverage, you may qualify for subsidy assistance based on your income, relative to the Federal Poverty Level. What is the Federal Poverty Level? Quite simply, it is a range of incomes, compared with the number of people in a given household, which is then compared to the Federal poverty line. Once your income is compared to the "FPL", you can then see if you qualify for subsidy assistance on your coverage, when applied for within Covered California. (or ...

Covered CA:  FAQ’s to keep you sane through open enrollment!

Covered CA: FAQ’s to keep you sane through open enrollment!

It's hard to believe, but the state of California is at the leading edge of our nation's quest to implement the Afordable Care Act. Having said this, things are far from perfect, with many enrollees scratching their heads on a few key issues. Take a look at the following 9 KEY questions that EVERYONE should know before enrolling in coverage through Covered California. Q:  I'm currently covered with Covered CA, and am current on my bill... Do I need to do anything to ...

Is Staying Grandfathered The Way to Go?

Is Staying Grandfathered The Way to Go?

It's never been more difficult to manage one's health insurance than it is right now... Regardless of carrier, the Affordable Care Act has many individual policy holders scrambling to keep up. Constantly changing laws and ever shrinking networks have many people wondering when stability will be restored in the marketplace. All except grandfathered policy holders, that is. You see, as a grandfathered policy holder, many individuals have managed to stay "safe" from almost all of the recent turmoil in the marketplace. The reason? Grandfathered plans have not been ...