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HobokenJ t1_irjapw9 wrote

Reply to comment by rgbtexas in Local companies that offer insurance quickly. by [deleted]

It is... and it isn't. If you make over a certain income, you aren't eligible for Federal subsidies. In which case, you purchase your insurance through the NJ healthcare marketplace (it's essentially the same plans).

In the case of the OP, they will receive federal subsidies, so they should start at healthcare.gov.

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rgbtexas t1_irjd03z wrote

You are mistaken.

Some states operate their healthcare market place like NJ. If you start on the federal site it will direct you to the state. The following states operate their marketplace: California Colorado Connecticut District of Columbia Idaho Kentucky Maine Maryland Massachusetts Minnesota Nevada New Jersey New Mexico New York Pennsylvania Rhode Island Vermont Washington

In the case of NJ and the OP NJ also has it's own subsidies - in addition to federal. The NJ subsidies do cap out. "An individual with an income of up to $77,280 and a family of four who makes up to $159,000 can receive state subsidies to lower the costs of health coverage. These savings are in addition to federal financial help."

https://nj.gov/getcoverednj/financialhelp/premiums/

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HobokenJ t1_irmyg2i wrote

Yes, you will be directed to the State website. I offered the link to the affordable care website because I knew it off the top of my head ;)

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rgbtexas t1_irsm9be wrote

But your other information is just wrong. You said if you make too much you don't qualify for federal subsidies in which case you go to the NJ site. The plans are similar.

This is wrong.

  1. NJ residents cannot use the Federal site. Period. There is no option. You can't compare the two because you have no other option under ACA.

  2. Yes there are income limits that apply to federal and state subsidies. However, you can't pick and choose which site you use to try and get different subsidies. You can only use the NJ site. If you try to use the Federal site you are redirected to the NJ site. The NJ site will apply all subsidies you are entitled to have. You may choose to get them monthly to reduce your payment or annually in tax refund.

  3. If you don't like the ACA plans you can go private. If you don't earn enough you may qualify for Medicaid. The site will calculate which based on income. If you need medicaid then go to NJ Family Care https://njfamilycare.dhs.state.nj.us/ to apply.

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black_stallion78 t1_irjfix4 wrote

It’s never been officially called “Obama Care”. That’s what I was referring to.

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