SecondCor521
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Hi all.
I have had an ACA Silver plan with CSR87 for the past several years.
Since I'm divorced, my ex and I get to agree each year on who is going to provide health insurance for our children. We have three kids, but two of them are in college, so the only relevant child here is our DD17.
There are two possibilities: I cover our DD17 on my ACA policy, or my ex covers our DD17 on her policy.
For 2020, all three kids will be my tax dependents, so my tax family size for ACA is 4. This is regardless of who provides coverage for DD17.
If I put my data for 2020 into the health exchange and include my DD17 on my policy, then the subsidized premium for one Silver plan is $227.76 per month. If I leave everything the same but exclude DD17 from my policy, the subsidized premium is $256.26 per month for the same Silver plan.
This, of course, seems backward. It should cost me more money to have DD17 on my policy. But it seemingly does not. This price difference occurs on four different Silver plans, all of which are by the same insurance company, which is the insurance company I've been with for the past several years.
The unsubsidized cost of the policies is as you would expect; it costs more to have her on my policy. However, the PTC jumps by more than the difference in cost.
Anyone ever seen this? Any idea why this might happen?
I have had an ACA Silver plan with CSR87 for the past several years.
Since I'm divorced, my ex and I get to agree each year on who is going to provide health insurance for our children. We have three kids, but two of them are in college, so the only relevant child here is our DD17.
There are two possibilities: I cover our DD17 on my ACA policy, or my ex covers our DD17 on her policy.
For 2020, all three kids will be my tax dependents, so my tax family size for ACA is 4. This is regardless of who provides coverage for DD17.
If I put my data for 2020 into the health exchange and include my DD17 on my policy, then the subsidized premium for one Silver plan is $227.76 per month. If I leave everything the same but exclude DD17 from my policy, the subsidized premium is $256.26 per month for the same Silver plan.
This, of course, seems backward. It should cost me more money to have DD17 on my policy. But it seemingly does not. This price difference occurs on four different Silver plans, all of which are by the same insurance company, which is the insurance company I've been with for the past several years.
The unsubsidized cost of the policies is as you would expect; it costs more to have her on my policy. However, the PTC jumps by more than the difference in cost.
Anyone ever seen this? Any idea why this might happen?