SanDiegogirl

I thought they worked out your 'subsidies' for Obamacare based on your current earnings.

If you have not worked for over a year AND are now a student I do n't see what any subsidies can be based on.

Giantaxe

"Marketplace savings are based on your expected household income for the year you want coverage, not last year's income".

https://www.healthcare.gov/income-an...mation/income/

So if you are looking for a 2018 policy, you project your earnings for 2018. Then, when you file a tax return for 2018 by April 15th 2019, your actual subsidy will be determined based on your actual income, with any difference figured into your tax liability for 2018.

scrubbedexpat099

You estimate your income for next year and that determines your subsidy.

SanDiegogirl

What happens if you have no income to estimate i.e you are not in a current job and there is no guarantee you will have a job in 2018?

Giantaxe

If you are in a state that expanded Medicaid, you get Medicaid. If not, you're out of luck.

scrubbedexpat099

Well its a tax credit, so with a few exceptions no income = no credit.

Not sure about the year end adjustment if you have no return due, do not think it gets carried forward.

john09_2013

an obamacare councelor explained to me that Obamacare addressed the recent immigrants's inability to get medicaid by providing them obamacare premium tax credit eventhough they might make less that 100% Poverty line, it was intended to address any coverage Gap but most new immigrants didnt know about it "including me" since it wasnt well understood by ACA agents/brokers.
for the 0$ income, he said they will look at 2018 year end income & based on that amount i will either pay back some or most the 'credit' or instead get some money back.

scrubbedexpat099

Medicare is for OAP's and they have to wait for 5 years and in most States can not get Medicaid during that period so is also my understanding but slightly more to it.

SanDiegogirl

Whatever happened to the sponsor's obligation to support said immigrant so that they would not be a burden on public funds?

Surely Medicaid is a public fund?

In fact, Obamacare is partially funded by tax payers so why are 'new immigrants' eligible for subsidies?

scrubbedexpat099

OCare subsidies are tax credits, like any other tax credits, why they put that provision for OAP's I do not know, you would need to find someone who wrote it. Or read it.

Medicaid is controlled at the State level so varies, quite possible to bring an aged parent over and sign up, just need to pick the right State.

From a practical perspective not sure I have come across a State using the I 864.

john09_2013

from my understanding the Obama subsidies are advanced credit which one pays at year end through IRS filings if makes more money...i dont wanna join it but its confusing since each ACA agent tells me different story about the individual mandate & potentially getting a fine if i dont sign up!!
if i sign up now i will pay later eventhough i wont use it with all the crazy deductibles & what not........or dont sign up & pay a fine!!
calling it confusing is an understatement for me!

Rete

I thought they did away with the tax penalty if you don't have healthcare insurance. At least that is what my daughter told me as they do not have healthcare. Policies are too expensive for a family of five and they don't have enough income to pay the premium and to much income to qualify for Medicaid or a credit.

AFAIK, Medicaid is for those who are below poverty level in income. Most immigrants either have to be financially sponsored for their visa, i.e. your mother and brother financially sponsored you, or they come under the diversity visa and must have x amount of money, or they enter with a work visa and have an income. So how do any of these immigrants qualify for Medicaid and why should they? Personal rant.

Perhaps you need to find employment and go to school evenings. I'm sure since you are relatively young enough that you can do both. That solves your problem. You will have an income so you will be able to file taxes and thus earn those tax credits.

scrubbedexpat099

As I mentioned some States allow Medicaid from Day One, California, Colorado you need to be here for 5 years.

Being sponsored is not a factor.

Just to give one specific set of examples, often I have seen people who have come over on a Student /Work visa, got Citizenship and sponsored Parents who have no earning capability in the US, always struck me as odd that they seemed to have no saving or pension but had children who went to Uni in the US.

Sort of assumed they do not have any traceable income. Who knows.

So they can be signed up for OCare and if not eligible for Medicare get the full rebate with no tax credit issues.

john09_2013

i worked in 2015 & fallen sick last year, that is when i really needed any form of insurance which cost me a full year between hospitals overseas, but if it wasnt for the fear mongering & confusion from ACA advisors i wouldn't want sign up for it since i dont wanna pay back sth i dont plan to use!

Nutmegger

Nobody “plans” to use health insurance! You indicate that you have recently had bad health, so surely health insurance is an essential for you if you intend to live in the US.