My ACA Advanced Premium Tax Credit really helps!

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My ACA Advanced Premium Tax Credit really helps!

Postby JohnSwanson » Tue Dec 07, 2021 4:42 pm

I'm purchasing my ACA health insurance policy from ConnectForHealth Colorado. About 8 months ago, I got an
email informing me that I'm eligible for a premium tax credit, even though my income was too high when I
applied late in 2020. I learned that the 2021 American Rescue Plan increased the income limit for a subsidy
and I got a $353/mo subsidy on my 2021 Kaiser Permanente Gold plan! My income for 2022 will go up because
of the pending Social Security increase, but I'm still getting a $343/mo subsidy for next year.

I turn 65 in February 2023, so this is the last time I'll shop for an ACA policy. Then I get to deal with Medicare,
which I'm sure is even trickier!

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