Health Care

Married (With Children)

Tax Checkup - Married (With Children)

It’s important to remember that even if you do not have to pay the fee, you will have to pay for your health care out of your pocket. It may be better financially for you if you purchase coverage through your state’s health care marketplace. Also, to qualify for the exceptions, you will have to apply through your state’s health care marketplace. It’s easy to apply and learn what help you might be able to get – visit healthcare.gov now.

What is your yearly income?

BELOW $31,322 (FAMILY OF FOUR)

 
Families who earn up to 133% of the federal poverty level will be eligible for Medicaid. You and your children may qualify for Medicaid through your state. Many states have expanded their Medicaid coverage. If your income is too high to qualify for Medicaid, your state’s health care marketplace will offer plans at a lower cost to you, and in many cases can offer you financial assistance (subsidies) to pay for your coverage. For more information, visit healthcare.gov

BETWEEN $31,322 - $94,200 (FAMILY OF FOUR)

 
For families who earn up to 400% of the federal poverty level, your state’s health care marketplace will offer plans at a lower cost to you, and in many cases can offer you financial assistance (subsidies) to pay for your coverage. For more information, visit healthcare.gov

Health Care Coverage Through CHIP

If your plan doesn’t cover your children or the coverage is unaffordable for you, your children may qualify for coverage under your state’s Children’s Health Program, a lower-cost option for working families. For more information, visit insurekidsnow.gov

Special Circumstances: Do any of these apply to you?

YOU ARE UNEMPLOYED AND CURRENTLY ON COBRA
(health coverage carried from your last employer)

 
You may find it’s less expensive to get your health care through your state’s health care exchange marketplace. You can choose to change at any time, whether or not your COBRA coverage time period has run out (usually 18 months after you depart your job).

YOU ARE UNDER THE AGE OF 26

 
Your family (parents) may be able to add you to their health care plan during their enrollment period. You can stay on their plan until you reach age 26, even if you are married, living on your own or employed. For more information, go to healthcare.gov

YOU ARE 65 OR OLDER

 

You will have coverage through Medicare. More Information »

What if I choose to pay the penalty?

In 2014 the fee for uninsured people is $95 per adult, and the fee for children is $47.50 per child. The most a family would have to pay in 2014 is $285. This will increase each year, from 1% of your household income in 2014 to 2.5% of your household income in 2016.

It’s important to remember that if you pay the fee, you will still have to pay for your health care out of your pocket. It may be better financially for you to purchase coverage through your state’s health care marketplace.

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