Question re Obamacare & upcoming Calif Health Ins Exchange
June 14, 2013 12:27 PM Subscribe
Is my income too low to qualify for Obamacare health insurance subsidies?
posted by buggzzee23 to Law & Government (9 answers total)
I own my home and other real estate free and clear and am retired with my only income (until I'm eligible for Social Security) is $1200/month in rental income. I'm 59 years old and pay $364/month for Kaiser Permanente health insurance. It's a squeeze for me but it's the insurance I want so I pay it. Everything I've read says Kaiser premiums will increase substantially next year and I won't be able to pay the expected increase. From what I've read, I don't earn enough to qualify for the insurance subsidies under Obamacare and will have to sign up for Medi-Cal/Medicaid.
Is it true I won't be eligible for subsidy?
If I get seriously ill with Medi-Cal/Medicaid, will the governent go after my estate to recover their outlay?