rgbtexas

rgbtexas t1_irsm9be wrote

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

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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rgbtexas t1_irjd03z wrote

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

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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rgbtexas t1_iri0rcn wrote

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

Unfortunately, that's not how some companies operate. To reduce costs due to higher turnover within a time period they will build hurdles. I've seen trial or probationary periods from 30 days - 6 months. New employee events last 30 days form date of hire. Once that period is over you have to wait for the open enrollment periods. Most companies it's once a year some have more.

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