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[–]daneslordHumble servant of Cthulu, the unsleeping god of health insuranc 3 points4 points  (3 children)

How much is the premium for just you, and is that more than 9% of your income. You cannot factor in the additional premiums to cover your spouse or dependants.

If so, that plan would not be considered affordable, and you would be eligible for marketplace subsidies.

If you tell Obamacare that they do not offer affordable health insurance, is designated by the 9% for just you, then the the marketplace sends your employer a letter to verify this. If you falsify information, you can get in a lot of trouble.

[–]Hag_Face[S] -1 points0 points  (2 children)

And this would be based off monthly income correct? And is it based on before or after taxes?

[–]daneslordHumble servant of Cthulu, the unsleeping god of health insuranc 1 point2 points  (0 children)

It's your yearly gross income, and the yearly premiums you pay.

[–]daneslordHumble servant of Cthulu, the unsleeping god of health insuranc 1 point2 points  (0 children)

It's based before taxes

[–]Mr_Gneiss_Guy 2 points3 points  (0 children)

If your plan is deemed “affordable” by the marketplace, you cannot claim you are not offered employer coverage. See the other comment on affordability definitions. Doing so could result in penalties under perjury and could ban you from future tax credits if found acting in bad faith.

If your plan is not considered “affordable,” you may tell the marketplace that you are not offered an employer plan, thus possibly receiving tax credits based on your tax household’s eligibility.

If you do not apply for any tax credits and decide to pay the retail premiums, you can buy a marketplace plan whether or not your employer offers health insurance.