INDIVIDUAL HEALTH INSURANCE:
OBAMACARE: THE AFFORDABLE CARE ACT & THE NY STATE EXCHANGE
Happy family lying down in the gardenNY State of Health is a new Heath Plan Marketplace. Individuals and Families looking for low cost, quality health insurance options can now use it to buy affordable plans. Depending on someone’s “Modified Adjusted Gross Income” these individuals or Families may also qualify for assistance in paying the premiums.
At PBT we help individuals and families sort through the available plan types. We explain the benefits and plans in plain English so you can make the right decision. If you qualify for financial assistance (subsidy) we help make sure you get as much as you deserve.
Children who are eligible may also qualify for Child Health Plus for little or no cost.
The fee is calculated 2 different ways, either as a percentage of your household income or per person. Whichever is higher.
Percentage of income is 2.5% of household income and or $695 per adult and $347.5 per child under 18 to a maximum of $2,085.