Subsidies and How to Calculate them for Marketplace Plans
Subsidies are based off your household income, size and zip code. Our local agent can help you get to the right number and give you options when it comes to Marketplace health insurance plans.
Knowing what income and who to include in your household can be confusing. There are many rules to consider and having a local agent to help is key. Subsidies are based on your taxable household. Your household includes everyone you include on your tax return. This includes your spouse and any children you claim as dependents. Include these people even if they are not getting a health insurance plan with you. If you do not claim a child as a dependent and they still need health insurance, you may need to consider a separate plan.
Income to include is the entire household income. This includes your regular income, any business income, your spouses income, and any dependent's income that you would include on your tax return. You do not need to include child support. If you have questions about whether you should include something in this figure, call one of our local agents and we can help you find the right answer.
Choosing a health insurance plan that's right for you
Utah Avenue Insurance can help you with your health insurance questions. Our local Utah health insurance agents can help you understand the different choices you have that fits your needs. Our local agents can take into consideration your primary doctor, medications, pre-existing conditions, planned treatments and health concerns you may have when picking a plan for you. Utah Avenue Insurance also has many great options to supplement your original health insurance plan so that you are fully insured. Contact one of our local Utah agents today. Call/Text 801-609-8699 or schedule an appointment.
After working a W-2'd job for years, I'm finally ready to start my own business. What are my options for health insurance?
Congrats on your new venture! One of our local agents can show you choices for health insurance on the marketplace and private health insurance. We'll take into consideration your health needs and budget when when helping you with your options. Contact us today!
How do I know if my family qualifies for subsidies on the Marketplace?
Subsidies are based off of family size, zip code and income. For example, a family of 4 that makes less than $100,000 would qualify for a subsidy. Our local agents can determine if you'll qualify over the phone or by text. Contact us today.
I've been laid off at work and they gave me the option for Cobra. It's so expensive, what are my options?
There are many more options for healthcare besides Cobra. We have great choices from Marketplace plans to private health insurance options. Let one of our local agents show you and your family what choices are available to you. We can help you make an informed decision.
What if I don't qualify for subsidies on the Marketplace. What are my options for health insurance?
Depending on your health needs, we can look at private health insurance options or full price Marketplace plans. Let one of our local agents assess your needs and find a plan or plans that will work for you and your family.