Recent content by wantingToGetOut

Good point. I am still a bit unclear the exact difference for me between PPACA's use MAGI(which includes some deductions, dividends/interrest and only certain tax exempt investments) and the Mass plan (which does not include any deductions, taxable dividends/interest and no tax exempt...

I called Mass Health again. This customer service representative now says that taxable interest/dividends are included but that tax exempt interest/dividends are not. They sound very confused as he had to check a couple times with supervisor. I guess I just need to wait for the eligibility...

It is Mass Health. I called them earlier as I saw that exact line at that web site you linked. I talked to the representative to confirm and dividends/interest does not apply to people under the age of 65. They categorize dividends and interest as an asset and they apply to people over...

It looks like the PPACA is going to be based on MAGI(not AGI as I mistakenly thought) according to this document (great info in here). Go to page 6 http://www.ncsl.org/documents/health/DefIncACAMedicdProv.pdf Seems to be a bit of a trade off between the PPACA and the Mass plan in terms...

I did not realize this. This makes more sense to me. I had read that the PPACA was going to be based on AGI but from your information that does not appear to be true. Thank you.

As I mentioned previously, the Mass criteria is not of much different from the National criteria for the PPACA in terms of an assets/ means test. At least from what little we know of the PPACA at this time.

I thought this as well until I read that the national plan also does not have an asset/means test. My guess is the people who can take advantage of this are relatively so small in number that it was not worth it to try and cover

Loophole was probably a bad term on my part. It just seems so obvious to me that this is something that could have been covered quite easily. And from what I have read of the national plan, it appears to have the same opening in the eligibility.

Yes I agree with your sentiment. I also am having a hard time imagining that come 2014, there are going to be more than a handful of people in this exact same spot who are going to 100% turn it down. I have even read in other threads that it is going to change when people think they are...

In my state of Mass., we have subsidized health care for low income families. In talking with the people who run it, there appears to be a loop hole that I can use to get pretty much free health insurance for my family and keep all the doctors/hospitals I already use. The "loophole" is...

Thank you for the link. In general, how does this work? Do you choose the plan, pay for it and then get money back when filling out your taxes when you can prove your agi is low enough? Thanks for your help.

Hi all, I am an early retiree (44), who purchases health care for my family of three. I think I have a basic understanding of how the national Patient Protection and Affordable Care Act will affect us should every thing work out by 2014. I also know that Massachusetts has its own state health...

Thank you for the info and the kind words. I looked into the states financial assistance and did not see any. All I could find was that if your income is under 54k, you may qualify for cheaper insurance, but the insurance is not that great in comparison to the other plans. Have you found...

Our Cobra is looking to be around $1100 a month but that is for me, wifey and daughter. I keep hearing 2014 as well, but hopefully something can become more clear before then for the national health care. Even 2014 would be fine, as long as its well defined. I wonder if the government will...

after doing lots of web surfing and calling, it looks like we have settled on Cobra. It is roughly equivalent in price to the individual policies but with much better coverage/deductibles etc. I am so jealous of you guys in other states. Our Mass. health plans are very expensive. We will stay...