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Old 01-23-2016, 12:56 AM   #41
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Originally Posted by OrcasIslandBound View Post
I thought that if you are close to the ACA cliff and accidentally go over and don't discover until early next year, you can still fix it. This is done by contributing to an IRA before April 15. This contribution can be for the prior tax year. So if you are only a few grand over, all can be fixed, correct?

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Old 01-23-2016, 06:30 AM   #42
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[QUOTE=fritz;1686306]We've struggled with this every year since the ACA became available. Our subsidy is smaller than most as I don't qualify for for a subsidy (VA = not eligible). I still have to buy off the ACA website for outside of the VA emergency medical coverage. Drop of a heart attack on the street and survive/die will set you/your wife back plenty as they take you to the nearest hospital - figure north of six figures. VA will not state that it will cover emergency care at non VA facilities (the big VA mystery that needs to be cleared up for all veterans). The government will tell you if you have VA coverage "you're covered" as far as the ACA is concerned. This year's cheapest ACA coverage @ 64 for me is $550/mos and nothing is covered until I spend almost $7000./[QUOTE]

Not true. Routine preventive care and screenings are covered 100% under the ACA. Examples: annual physical exam, screening colonoscopy, immunizations, routine labs such as a periodic lipid panel. The screenings aren't free if you are diagnosed with a colon problem or high cholesterol though. Everything billed will go through your insurance and you will end up paying a reduced rate because you have insurance. It looks like insurance pays zero, but at least you are paying less.

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Old 01-23-2016, 07:22 AM   #43
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I guess all of this was for nothing. I just looked in detail at 2015 dividends and applied the same percentages to estimate 2016 dividends and they will put me too far over the cliff not even counting any capital gains that I could offset. Thanks for everyone's help anyway.
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