By | March 20, 2020

I have low income, how can I afford out of pocket costs of health insurance?


My name is Hass with insurancemedics.com here in Fort Lauderdale, Florida. Today’s question is, I have a low income. How can I afford out of pocket costs of health insurance? So if your income is between 100% and 200% of the poverty level, you’re going to qualify for a subsidy, but you’re also going to qualify for something called a CSR reduction, also known as extra savings. And what a cost share reduction does is it lowers your copays, your deductible, and your co-insurance, making it quite affordable. In order to take advantage of a cost share reduction, you would have to stay within a silver level plan. For more information, or for quote, please visit our site or give us a call.






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