Can someone translate the attached article ??? Many New Yorkers meeting certain income thresholds are also eligible for federal financial assistance when purchasing coverage on the NY State of Health, which would lower costs even further for them. Individuals with incomes below 400 percent of the federal poverty level ($46,680 for individuals and $95,400 for a family of four), can qualify for financial assistance that lowers cost of coverage. These subsidies generally increase in line with premiums – offsetting the impact of rate increases for many consumers. Specific subsidy amounts are based on a consumer’s income level and other factors. blog.timesunion/capitol/archives/219853/health-insurance-rates-will-rise-about-6-percent-next-year/
Posted on: Thu, 04 Sep 2014 20:15:55 +0000
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