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To: SierraWasp

People whose household income is too small to qualify for the subsidy will be put on Medicaid. People whose household income exceeds 400 percent of the FPL will get no subsidy at all.

According to the IRS, which responded to a CNSNews.com inquiry on the issue, a household earning an annual income that is just $1 more than 400 percent of the FPL is ineligible for an Obamacare subsidy, period.

As explained by both the IRS—which wrote the regulation governing the Obamacare subsidy—and the Congressional Research Service, which published a July 31 report on the matter (Health Insurance Premium Credits in the Patient Protection and Affordable Care Act), the Obamacare insurance-premium subsidy essentially works as a cap on the percentage of annual income an eligible person is required to pay in health-insurance premiums.

http://cnsnews.com/news/article/affordable-care-1-pay-hike-costs-middle-class-family-9355-hike-premiums


10 posted on 08/09/2013 2:44:21 PM PDT by Chickensoup (200 million unarmed " people killed in the 20th century by Leftist Totalitarian Fascists)
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To: Chickensoup

I concur with this. May God forgive them for they know not what they are allowing the evil spirits in our Demonicrat possesed government to do to their offspring!!!


12 posted on 08/09/2013 10:49:47 PM PDT by SierraWasp (I pledge to the USSA & 2 the democrazy for witch it stands, a nation with liberalism & misery 4 all!)
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