APTC Premium Assistance FAQ’s
How do we qualify for PA [Premium Assistance – APTC]?
my husband was laid off but he expects to find work shortly. We would like to sign up the family for Blue Shield Silver PPO 70. He has $30k earned income. He qualifies for $450 per week in UI benefits. He expects to be out of work no longer that 2 months.
***So, what do you expect your families MAGI Income*, Line 37* on your next tax return, 1040 to be?
The first time I applied for this plan through covered california, I qualified for a $572 per month premium. The rest was PA (premium assistance).
But now they are telling me that our family income comes out to $45,000 per year and we have to go on Medi-Cal.
***How many are in your family?
I would like to avoid Medi-Cal. I tried applying again, and estimated future income for annual total of $78,400. At this point, we qualified for zero PA!
***Try using our
I’d like to go back in and change projected annual total to $50,000. This is also a likely scenario. Will this finally allow us to qualify for PA?
***I have no idea, until you get a complementary quote and subsidy calculator. I don’t know your zip code or the number of people in your family – household. Don’t forget, if you get too much subsidy, you have to give it back at tax time.