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Old 11-20-2020, 09:22 AM   #21
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Quote:
Originally Posted by Russ2020 View Post
Being married and applying for insurance only for me my tax credit would be as follows:
$68K of MAGI = tax credit of $375
$58K of MAGI = tax credit of $457

It looks like a catastrophic plan with a $6900 max out of pocket with basically no coverage until I hit the max out of pocket is going cost $350 -$432 a month after the tax credit. I will use a plan like this to carry me to Medicare. She said this pricing should not change between now and then.
Are you just describing the high deductible plans as "catastrophic"? Or are you shopping for the Catastrophic plans on the ACA?

ACA Catastrophic plans don't qualify for the tax credit. You have to pay full price for them.

https://www.healthcare.gov/choose-a-...-health-plans/

Does Washington use the regular HealthCare.gov exchange? Or do they have their own exchange.

Please correct me if I'm wrong!
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Married, both 65. DH retired June, 2010. I have a pleasant little part time job.
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Old 11-20-2020, 10:28 AM   #22
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Join Date: Apr 2019
Posts: 32
Quote:
Originally Posted by Sue J View Post
Are you just describing the high deductible plans as "catastrophic"? Or are you shopping for the Catastrophic plans on the ACA?

ACA Catastrophic plans don't qualify for the tax credit. You have to pay full price for them.

https://www.healthcare.gov/choose-a-...-health-plans/

Does Washington use the regular HealthCare.gov exchange? Or do they have their own exchange.

Please correct me if I'm wrong!
No I am not shopping for a catastrophic plan I was just describing a high deductible plan. In my mind a plan that pays nothing until I spend $6900 is catastrophic.

Washington state has it's own exchange. It does not use the federal exchange.
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