I had to sign up for Obama care to avoid the fine.
The first year me a me my two dependent girls had to pay $43 a month.
The next year the bill came in and it was $0 so I called to question it.
I asked how to pay $0 dollars and could I put it on my Visa card or did they want a check. They finally sent the correct bill and it was $850, so I called them again. I asked if this is they annual premium or quarterly premium.
They informed me, that no, it was the MONTHLY premium!
I told them to head to their doctors and have their meds checked because you’re out of your f@%#ing minds.
This is more than my mortgage, taxes, and insurance for my house!
I’m a single father with two teenage girls.
You need to check if your MAGI is above or below 4X poverty line for your family situation. That $43 is a subsidized rate, and the $850 is the unsubsidized rate. $1 above that 4X poverty line will make the difference between the two. If your income is going to be below, then you can submit a pay stub or something and they will reinstate the subsidy. It pays to read up on this and understand how it works. Unfortunately, if you are right in that 4X area, the system severely penalizes work.