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by gizmo686
3005 days ago
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There is a lower bound on income to qualify for ACA subsidies because the ACA also expanded medicaid to cover people below that threshold. Unfortunately, the portion of the ACA requiring states to expand medicaid was ruled unconstitutional. As a result, 19 states have choosen not to expand medicaid, leaving a portion of the population to poor to qualify for ACA subsidies, but too rich to qualify for medicaid. I should also point out, that the medicade expansion is 90% funded by the federal government starting from 2020 into perpetuity. Prior to then is a ramp up period where the federal government pays an even larger share. |
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