I just signed up through the state site and it came out that I can get premium insurance for FREE. Given the cost of crippling health insurance costs, I wanted to validate this is accurate as this is quite the opposite.
I'm 44 and in fairly good shape. I just started FIRE now and am using real estate cash flow to support myself instead of withdrawals. Given my depreciation, interest, and repairs, my net real estate income is $0, so that's where I believe I'm eligible. My dividends were about $8k last year and will be around $10k this year and will have comparable in bank interest, so I don't think that is enough to push me out of the lowest income brackets since i'm in a VHCOL area.
Anyway, just seeing if anyone else is getting "free" insurance or I'm missing something. Thanks!
I'm 44 and in fairly good shape. I just started FIRE now and am using real estate cash flow to support myself instead of withdrawals. Given my depreciation, interest, and repairs, my net real estate income is $0, so that's where I believe I'm eligible. My dividends were about $8k last year and will be around $10k this year and will have comparable in bank interest, so I don't think that is enough to push me out of the lowest income brackets since i'm in a VHCOL area.
Anyway, just seeing if anyone else is getting "free" insurance or I'm missing something. Thanks!