GoFuckYourself.com - Adult Webmaster Forum - View Single Post

L-Pink · 03-30-2014, 01:55 PM

I just got off the phone with my cousin who brought up a question I can't find a clear answer to. She works part time and earns around $15,000 a year.

The policy she is looking at features a monthly premium of $132 with this fine print, "Premium before tax credit $607/month"

My question is this, assuming she qualifies for the entire subsided difference between $607 and $132 how is this difference paid?

Each month she will have an insurance bill of $607, is the $475 difference paid directly to the insurance company by the government? Or does she pay it and get reimbursed? If it's a tax credit that amount is more than what she pays each month in taxes so does she get a check for the difference? I have no idea and she doesn't want to sign up for an amount she obviously can't pay.

Thanks, if you know.

.

03-30-2014, 01:55 PM
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	Obama care question ??... I just got off the phone with my cousin who brought up a question I can't find a clear answer to. She works part time and earns around $15,000 a year. The policy she is looking at features a monthly premium of $132 with this fine print, "Premium before tax credit $607/month" My question is this, assuming she qualifies for the entire subsided difference between $607 and $132 how is this difference paid? Each month she will have an insurance bill of $607, is the $475 difference paid directly to the insurance company by the government? Or does she pay it and get reimbursed? If it's a tax credit that amount is more than what she pays each month in taxes so does she get a check for the difference? I have no idea and she doesn't want to sign up for an amount she obviously can't pay. Thanks, if you know. .