Health Insurance with no income but savings?

[pgiyer]

NY state has a plan for low income families who do not qualify for Medicaid

https://info.nystateofhealth.ny.gov/...eet%202017.pdf

The Essential Health plan is available to a couple who make less than $32,040 annually in INCOME. Premiums and co-pays are very reasonable and many insurance providers participate.

We were thinking of moving to Florida in early retirement, but maybe we will stay on in NY until Medicare age!

[Joylush]

Quote:

Originally Posted by Rianne We, spouse and me created a LLC that consults out of our house. It is true consulting as spouse has Phd and I have an MBA. We connect with companies and universities and get our income to the lowest needed for ACA. Yes, we are paid for phone calls. I do not feel guilty for the subsidies from ACA. Corporations get subsidies for insuring their employees, homeowners get subsidies for claiming interest. We skimped and saved to retire early, why can't the little guy get subsidies for health insurance? Think of all the "write offs" or subsidies out there masked for the super rich. I don't consider us rich, we have to budget.

Couldn't agree more. My "husband" and I remain unofficially married so he can qualify for a subsidy. I own rental properties and generate enough income to pay him enough taxable income for him to qualify for a subsidy. Being married he wouldn't qualify due to my income.