Post # 1
SO is starting a new job in two weeks. He currently doesn’t have health insurance and wants to sign up through the company. Should he sign up through the company or wait till October and get subsidized health insurance? How does it work?
Post # 3
I think it would be best for him to get insurance right away. Unless he has health problems that make the insurance through his employer expensive, it would probably be cheaper through his employer.
Post # 4
@MrsSaltWaterTaffy: ok I wasn’t sure..we need to do whatever’s cheaper!!!
Post # 5
- Wedding: August 2013 - Brookfield Zoo
Depends on how much the company will be contributing to his insurance, and whether your household will actually qualify for subsidies. Do a little research into the two! Good luck!
Post # 6
@Ninteenthchance: In general, I think that employees who are eligible for insurance through work are not eligibile for insurance through the subsidized exchange, provided the plans offered meet the requirements of the Affordable Care Act. He would eligible for subsidized exchange coverage if his income is between 1 and 4 times the federal poverty level and he would have to pay more than 9.5% of your household income for your own coverage through the insurance offered by his employer.
BUT, he should definitely sign up now, as its not a good idea to go without insurance if its offered at work! If he would be eligible for the exchange when the time comes, it’s likely there is a period of time when he could cancel his work plan and look for something on the exchange in the future.
Post # 7
PP is right that if he is eligible for insurance through his job, that makes him not eligible for a subsidy.