Home Page Home Page Newsletter Contact Us Get A Quote Business Insurance Home Insurance Auto Insurance Health Insurance Life Insurance

I have been receiving a lot of questions about who qualifies for a premium subsidy based upon their household income. Fortunately Covered California provides this chart to explain just that.

The best way to explain how to read the chart is through an example:

A household size of four with two adults and two children below the age of 18 will qualify for Medi-Cal if the household earns under $32,913 per year.

If the household income is between $32,913 and $63,441, then the two parents will likely qualify for a premium subsidized Covered California Plan, while the two children will qualify for Medi-Cal.

If the household income is between $63,441 and $95,400 then it is likely that the entire family will qualify for a subsidized Covered California health plan.

And finally if the household's income is greater than $95,400, the family will likely not qualify for any subsidy. They can purchase an unsubsidized Covered California plan or a plan directly through a regular health insurance company. 


 

In order to figure out how much the plan costs please contact me and I can help you figure that out. 

Share |


2 Comments

Kendra said...
Im confused, I live on disability, have Medicare but need supplemental to it
SUNDAY, JANUARY 08 2017 8:24 PM
Alex Pfeifer said...
Hi Kendra,
If you are on Medicare, you wont be able to purchase a subsidized Covered California Policy. Try speaking with the insurance company that services your Medicare. They probably sell supplemental policies for the Medicare.
MONDAY, JANUARY 09 2017 1:08 PM

Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Pfeifer Insurance Brokers   |   533 Airport Blvd, 4th Floor   |   Burlingame, CA 94010   |   Phone: 650-762-8087   |   Fax: 650-897-5998
Powered by Insurance Website Builder
Home Page About Us Our Services Location Get A Quote Contact Us