Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: CA_soon_gone
My wife and I are early 60s retired, not yet on Medicare. The new Obamacare prices are out today and our monthly cost went from $1k/month to $1.9k/month. This is clearly over the 8% of income hardship limit for us so I should not have to pay any tax penalty for not buying Obamacare.

I believe the 8% rule applies to the Bronze plan. If there is Bronze plan in your county that is under 8% of your income, you wouldn't qualify for the hardship..

36 posted on 11/02/2015 5:03:14 AM PST by EVO X
[ Post Reply | Private Reply | To 1 | View Replies ]


To: EVO X

Evo,
The numbers I quoted were for the cheapest bronze plan. You should see the price of the others.


37 posted on 11/02/2015 5:28:00 AM PST by CA_soon_gone
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson