Health insurance isn’t mandatory at the federal level for adults, but the Affordable Care Act (Obamacare) mandates that individuals have health insurance or pay a penalty unless they qualify for an exemption. Some states also have their own individual mandates. If you don’t meet these require...
The Children’s Health Insurance Program (CHIP) is a government program that provides low-cost or free health coverage for children in low-income families who do not qualify for Medicaid. CHIP aims to ensure that children have access to the healthcare services they need to thrive and grow. C...
After signing up for health insurance, some people are learning they no longer qualify for their Obamacare subsidy. They might have earned more than they anticipated last year or the criteria to qualify may have changed. Don’t despair – if you still want health insurance there are ways to ...
If that’s what you think, then this post is for you. You do not have health insurance. Let me repeat that. You do not have health insurance. (Unless you are over 65, in which case you do have health insurance. I’ll come back to that later.) The point of insurance is to ...
availability of welfare. These individuals and families are assisted through various programs. They include housing assistance, healthcare, compensation for unemployment, food stamps, and child care assistance. To be eligible for the welfare benefits, a person's income levels and family size are ...
Only federal loans qualify for the IDR programs. Once you refi into the private sector, the federal programs like PSLF and and IDR are not available to you. Reply The White Coat Investor | August 20, 2023 at 6:37 am MST You mean refinance into a federal loan? No, I don’t think ...
Your nanny has a written record of a work history tied to their SSN (or employment number). This record can help them buy an apartment/house that They might not otherwise qualify for. (Note, you can also pay a undocumented worker on the books). ...
health insurance through their employers. Those who are 65 or older receive Medicare, and those living below the poverty line qualify for Medicaid. But what happens if you make too much money for Medicaid, you’re too young for Medicare, and you don’t get health insurance from your ...