Tag: federal poverty level

Category: ACA and Policy, Cost of Healthcare, Health Insurance

I just got a giant bill from the IRS! What did I do wrong?

As I sit here in mid-April, I can’t help but think of all the times in the past four years I’ve been confronted by folks who got HUGE tax bills at the end of the year because they bought their health insurance on healthcare.gov, made some errors computing their income and got hit with a surprise bill. This is a great time to review how the Advanced PremiumTax Credits on healthcare.gov work and how to avoid getting nailed with a huge tax bill at the end of the year.

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Category: ACA and Policy, Cost of Healthcare, Health Insurance

More Cost Shifted to Kids by the Feds: Healthcare.gov still on the wrong track

Just a few days ago, we got this post on Facebook:

“I want to start by saying thank you for helping my autistic son out so much for so long. He has made significant progress at the therapy center he goes to and he now has hopes for an independent life. But…I can’t afford you anymore. Last year, my son’s insurance went up significantly. We just received the letter, like last year, saying it was going up again a significant amount again next year. I cannot fathom paying anymore in insurance, which his alone is already more than my mortgage. More than my mortgage…How is it possible for anything to actually get better for my family at this breakneck pace… My son needs help….And I’ll probably stick with you….Because you’re the only safe option for my son.”

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