The Patient Protection and Affordable Care Act, better known
as Obamacare, has a number of complex provisions. But one way in
which subsidies help reimburse some people for out-of-pocket
costs has a trap for the unwary that can cost you valuable
subsidies if you're not paying attention.
In the following video, Dan Caplinger, The Motley Fool's
director of investment planning, looks at cost-sharing provisions
under Obamacare. Dan explains that for those earning less than
250% of the federal poverty limit, subsidies can pay some of the
cost of copayments, deductibles, and other out-of-pocket costs
under Obamacare insurance policies. But as Dan points out, you
have to choose a silver plan or above to qualify for cost-sharing
subsidies. Dan concludes with comments about how greater
knowledge of the cost-sharing subsidy provisions could help
and other insurance companies get more customers on more
Get the Obamacare subsidies you deserve
In order to get smarter about the Obamacare subsidies you're
entitled to, make sure you have all the facts. Fortunately, you
can learn the critical concepts you need to know in a special
free report called "
Everything You Need to Know About Obamacare
Everything You Need to Know About Obamacare." But don't
hesitate, because it's not often that we release a free guide
containing this much information and money-making advice.
click here to access your free copy.
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