You pay higher Medicare Part B and Part D premiums if your income exceeds certain thresholds. Here are the IRMAA income brackets for 2022 and 2023.
If your income is higher than estimated, you need to pay back some of the ACA health insurance subsidy. The repayment cap may help in some cases.
Although you will be required to submit more documentation, you should estimate your income as low as possible and get the highest premium subsidy upfront.
California offers premium assistance for ACA health insurance to some residents who don’t qualify for the federal subsidy.
Surprisingly it can cost more to cover just one person on ACA health insurance than covering two people.
When you receive ACA premium tax credit, the gap in the premium between the benchmark Silver plan and the plan you choose can make a big difference.
Having a very high deductible on health insurance gives you the freedom to choose any provider and pay less than the rate you’d otherwise pay through insurance.
Health insurance induces more treatments and higher prices. More treatments and higher prices make health insurance more expensive.
When you get health insurance from ACA, you can enroll different family members with different healthcare needs into different insurance plans.
If your doctor is only covered by a more expensive health insurance plan, you can save money on insurance and still keep your doctor.
Health insurance often doesn’t cover vaccines for international travel. I got my vaccine shots at an unusual place.