Monday, January 27, 2014

HCR Update from Mark Sanna: The federal government has released slightly higher poverty level guidelines for 2014, but they won’t alter the income thresholds that are being used to determine what kind of financial assistance is available to buy insurance under the health law. Under the new guidelines, Medicaid coverage will be available to individuals earning up to $16,105 and families earning up to $32,913 in states that have decided to expand Medicaid under the provisions of the federal health law. Premium subsidies in the new online marketplaces will be available to individuals earning up to $46,680 and families of four earning up to $95,400.

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