Individual & Family Health Insurance

Washington Health Insurance Exchange

Washington Financial Assistance Income Eligibility

First of all, Health Plans in Washington can help to ensure you are receiving the tax credit and financial assistance you qualify for regarding health care plans. Here are the income eligibility guidelines and chart to determine if you qualify to save money on Health Insurance Exchange/ACA/Obamacare in Washington:

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  • Find your household size and estimated 2016 income
    • You can use adjusted gross income as a rough estimate
  • If you are self-employed or own a business, use your net income
  • If you are in a commission based job, give your best estimate of annual income
    • You can also apply a portion or a bulk of your tax credit to help pay your health insurance in the event your income may be different from your initial application
  • Tax Credits or Financial Assistance received may be used immediately to help pay for your health insurance or receive it as a tax refund at the end of the year

Unexpected Life Events in Health Insurance

If you’re losing coverage from work, Cobra or any other source or if you’re experiencing certain life events such as marriage, birth or divorce, you may be eligible to enroll any time without having to wait for Open Enrollment. Health Plans in Washington can help you with these details of enrolling in health care plans outside of Open Enrollment:

  • Special enrollment period starts 60 days following life event
  • Help enroll individuals, families, and business outside the Affordable Care Act–WashingtonExchange
  • Enroll directly through health insurance companies
  • If in need of tax credit/financial assistance, must enroll through federal exchange in Washington

If you have any question, feel free to Contact us now.