Did you know that social security income counts toward your income requirements for the Affordable Care Act? We have found that many people receiving Social Security payments do not realize this. They believe that qualified income must be received in the form of a job(w-2), as a contractor (1099), or through income earned by running a business.
We have heard from couples who have been told that social security income does not count as income. This is simply not true. The confusion is with Supplemental Security Income, also known as SSI. SSI is not allowed as a source of income under the Affordable Care Act. SSI is received by disabled adults and children who have limited income and resources. SSI and Social Security payments are not the same thing and treated differently.
If you are receiving social security payments and are under 65 (not on Medicare), you may be surprised by what options are available to you. We have helped a number of people in this situation find great coverage with low copays, deductibles, and premiums. Here is a typical example of coverage and rates:
Ages: 63 Male, 62 Female
Location: Charlotte, NC (28216)
Combined Social Security Income: $22,000
Tobacco Use: None
Insurance Plan Deductible: $500/individual
Insurance Copays: $5 Primary/$10 Specialist
Monthly Premium: $62/month for the couple
If you would like to see what’s available to you, simple contact us via the link below or the form on the right side of this page. By working with us, you avoid the hassle of dealing with the Marketplace. We help you review plans, compare, and enroll from the comfort of your own home. You simply talk to us over the phone and sit in front of your computer. Our proprietary software allows us to bypass Healthcare.gov and submit your application within minutes.
We promise to give you honest, accurate information about your options. We will not pester or harass you. Our job is to show you what’s available and help you enroll if you are interested. We have helped over 1000 people, let us help you!