I thought subsidies were strictly based on income/AGI relative to a poverty scale, NOT resources. Everything I have read at the ACA site says income, not a thing about resources??? When re-uping coverage, the ACA site said I would probably qualify for a subsidy/Medicaid/ whatever. I finally got to speak with a rep from the PA dept of medicare/caide, and was told if I had over $2700 or $5000 (can't remember) in savings, IRA's, 401k etc that I would receive no subsidy because of excessive resources?
I have had a silver plan since last year, and have to re-up now, figure I should have also gotten a subsidy for that too all last year... So, I have a silver plan, have a very low income; how do I get a break on my plan cost? Who is right? This shit, as with damn near any other Govt plan makes my head spin, and blood boil. Thanks for the help.