Posted By: MB Guy
Subsidizing Healthcare... - 11/26/14 04:33 PM
I found this interesting: A friend of mine who recently retired sent me the message below. Some background on this person: Her and her hubby were lifelong bankers who earned pensions as well as very lucrative retirement plans at their banks, and have amassed over $1MM in retirement assets (marketable stocks and bonds) and not including their home and vehicle. The hubby gets medicare, but the wife hasn't met that age yet, so she was looking for new healthcare and here are her results due to the new healthcare rules:
Quote:
I was sure I'd be looking at about $550 - $600 per month for my premium but after going thru all the steps (new healthcare website), my premium will only be $277! They don't take our savings into consideration; only our pensions, my husband's SSI, and they deduct the student loans he's paying (for his kids) which brought us under the maximum. I was paying $156 a month but I am sooooooo relieved to get a tax credit making the premium a whole lot more manageable.