How To Select Affordable Health Insurance For Low Income Families
Possibly the best option for low income families searching for affordable health insurance is a subsidy. When it comes to health insurance, subsidies are federal- or state-sponsored health care programs for individuals who meet certain criteria. The federal or state government provides financial assistance to health care providers to begin and continue low cost or free health care to low income families.
If youre a low income family and believe a subsidy may be right for you, keep the following in mind:
Income requirements Find the income requirements of the subsidy in which youre interested. Most subsidies base income requirements on the number of people in your family. Which means, in order to be eligible, you must meet a particular monthly income based on the number of family members.
Children Some subsidies only offer health care to entire families if there are children in the families. The age limit for children is usually 19 years old.
Location Most cities, or at least counties, have some kind of health insurance subsidy for low income families. However, if you dont...
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