Tandemlovers
Recycles dryer sheets
- Joined
- Aug 2, 2006
- Messages
- 151
Hello, everyone. I have been an infrequent poster and ardent admirer of this site since 2006.
My husband is getting ready to resign from his job in the medical field in January of 2014, so
we will be looking to purchase health insurance from the federal exchange. He is 60 and I
am 51. We are still supporting two children, 21 and 23, one of which is a student.
My question has to do with the various calculators I have found online. We are going to be
living off after tax cash reserves next year, and will avoid tapping our IRA for expenses during 2014.
The calculators ask for our income, which will most likely be $0.
The default message I receive with an input of $0 income is that we would be
eligible for our state's Medicaid plan. We would like to purchase health insurance under the new
plan, or, if necessary, use the Cobra option under his employer, though I suspect that will be
the more expensive option.
I have been reading the ACA threads on this site for some time now, and really appreciate MichaelB's
refereeing and dedication to facts, and apologize if this question has been covered.
Martha
My husband is getting ready to resign from his job in the medical field in January of 2014, so
we will be looking to purchase health insurance from the federal exchange. He is 60 and I
am 51. We are still supporting two children, 21 and 23, one of which is a student.
My question has to do with the various calculators I have found online. We are going to be
living off after tax cash reserves next year, and will avoid tapping our IRA for expenses during 2014.
The calculators ask for our income, which will most likely be $0.
The default message I receive with an input of $0 income is that we would be
eligible for our state's Medicaid plan. We would like to purchase health insurance under the new
plan, or, if necessary, use the Cobra option under his employer, though I suspect that will be
the more expensive option.
I have been reading the ACA threads on this site for some time now, and really appreciate MichaelB's
refereeing and dedication to facts, and apologize if this question has been covered.
Martha