General Discussion
In reply to the discussion: Finally got my Health Insurance. The Affordable Care Act isn't that good. [View all]DebJ
(7,699 posts)If your income falls between 100 and 250% of the federal poverty level ($11,490 to $28,725 for an individual), you may be eligible for a Cost-Sharing Reduction subsidy, which can help lower your deductibles, copayments and coinsurance. In order to receive Cost-Sharing Reductions, you must purchase a Silver plan on the Marketplace. You will still have a variety of plans from which to choose, but it must be Silver to be able to take advantage of the Cost-Sharing Reduction subsidy.
Many people will qualify for Advanced Premium Tax Credits, a type of subsidy that lowers your monthly premium. You may be eligible for this subsidy if your income falls between 100 and 400% of the federal poverty level ($11,490 to $45,960 for an individual).
http://www.forbes.com/sites/investopedia/2013/10/01/how-to-choose-between-bronze-silver-gold-and-platinum-health-insurance-plans/
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"All Members of Congress, including representatives of U.S. Territories, and their designated staff will be required to purchase health insurance via the DC SHOP in order to receive a Government contribution," it says. "The DC SHOP offers health plan options with in-network access to medical providers across the nation and overseas."
Harris said allowing members to be subsidized for only buying gold-level coverage is probably why many members don't want to eliminate the subsidy for Congress, something Republicans have been pushing.
Read more: http://thehill.com/blogs/floor-action/house/326409-obamacare-requires-congress-staff-to-buy-gold-level-insurance-plan#ixzz2gkykE4Jt
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