Say you have a married couple. The wife is employed, earns $44,000 and receives single insurance coverage from her employer (family coverage is too expensive). The husband is employed, earns $17,800 and has no insurance through employer.
The husband will be able to obtain insurance through the Minnesota exchange January 1.
The question is this: is eligibility for subsidized premiums for the husband based on both incomes, or would they be able to change their filing status to married filing separate and only the husband's income would be used to determine if he receives the subsidy?
I thought I read somewhere where both incomes would be used, but I wanted to get other input in case I was mistaken.
My sister is in this situation. Both incomes would make them barely ineligible for any subsidy, whereas only his income would make the insurance almost completely subsidized.
Sorry if this has been covered before, but I am trying to help them out.
When all is said and done, usually more was said than done.
Retired Fall of 2011 @58 :)