Fermion
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
My current ACA fiasco where I thought I was changing my income for 2016 and it ended up changing 2015 has brought to light something interesting.
I am going to be forced to purchase a new health plan for just December of 2015 because I reported the income change. Evidently an income change of $150 triggers this.
I have not determined if I will go to a bronze plan from our current silver plan or go with a higher cost silver plan. Ours was a 2500/5000 deduct silver and the only plan now is 3000/6000 silver (they must have gotten rid of our old plan mid year)
This makes me wonder why someone wouldn't just go with a cheap bronze plan then if they need to change it, sell some stocks for a capital gain or loss, changing their income by at least $150 a month. They could then buy a gold plan with a $1000 deductible instead of $6000 and end up saving a few thousand dollars total.
I tried to explain that you are not supposed to be able to change plans at any time but the health plan agent said income change triggers a special enrollment.
I am going to be forced to purchase a new health plan for just December of 2015 because I reported the income change. Evidently an income change of $150 triggers this.
I have not determined if I will go to a bronze plan from our current silver plan or go with a higher cost silver plan. Ours was a 2500/5000 deduct silver and the only plan now is 3000/6000 silver (they must have gotten rid of our old plan mid year)
This makes me wonder why someone wouldn't just go with a cheap bronze plan then if they need to change it, sell some stocks for a capital gain or loss, changing their income by at least $150 a month. They could then buy a gold plan with a $1000 deductible instead of $6000 and end up saving a few thousand dollars total.
I tried to explain that you are not supposed to be able to change plans at any time but the health plan agent said income change triggers a special enrollment.