#FAQ ‘s, Explanations & More Details
Footnotes
1 What is my Medi Cal or Covered CA Household Size– Definition
Try this Flow Chart for a simpler explanation
How many dependents are on your Tax Return? Section 151
Household Income includes all dependents on your return
2 What is MAGI Modified Adjusted Gross Income – Line 11 AGI + Social Security, Tax Exempt Interest & Foreign Income
Tax Return Reconciliation of Subsidy is on 8962 at the end of the year
- 4 MAGI based Medi-Cal One can get FREE Medi-Cal base on MAGI Income Line 37 of your 1040 – If your income falls below 138% of the CA Poverty Line on the chart above. There is no longer an asset test, nor estate recovery.
- Medi-Cal versus Covered California Income, Who Decides? Kevin Knauss
- Why Your Covered California Health Insurance Subsidy Dramatically Drops with an Income Increase InsureMeKevin.com
- Getting out of Medi Cal when your income increases?
- If you’re on SSI you should automatically get Medi Cal
- Learn more about Share of Cost Medi Cal and not having to pay extra for IHSS In Home Supportive Services
- If your income is below 138% and you don’t like Medi Cal, you can buy Covered CA or direct, but without subsidies Learn More
5 MAGI Medi-Cal for Pregnant Women
6 Medi-Cal Access Program If you’re pregnant – up to 322% of FPL – Formerly AIM
7 C-CHIP County Children’s Health Initiative Program in three northern CA counties
8 Kids under 19 go in Medi-Cal if MAGI Income is below 266% of Federal Poverty Level. While you can purchase coverage direct from an Insurance Company at Open or Special Enrollment, there is no PTC subsidy or premium tax credit.
Learn More ==> Western Poverty Page 72
9 Enhanced Silver – Cost Sharing 94, 87 & 73 – in addition to subsidies, you get lower deductibles & Co Pays. 94 is better than platinum which is 90 and 87 is better than gold which is 80 – metal level.
Silver 70 has a $2,500 Deductible and Standard Metal Levels, Bronze $5k deductible, Gold and Platinum $0 Deductible
10 Federal Poverty Level FPL My Coverage Plan.com – Definition
FPL gets adjusted annually, IMHO the best way to calculate is to Click here to calculate your premium assistance and get proposals
Federal Poverty Level (FPL): “An income level based on the official poverty line as defined by the federal Office of Management and Budget and revised annually or at any shorter interval that the Secretary of Health and Human Services deems feasible and desirable.” 22 CCR § 50041.5; see also 10 CCR § 6410
Subsidies now go to 600% CA Health Line * But the Big Beautiful bill didn’t renew them?
Why Your Covered California Health Insurance Subsidy Dramatically Drops with an Income Increase Kevin Knauss
11 Use our free calculator to see how much subsidy and enhanced silver benefit you might qualify for. Less than 138% of FPL generally qualifies one for Medi-Cal.
Silver 94 – Under 138% Only if you can’t get Medi-Cal
12 Silver 94 – Under 138% Only if you can’t get Medi-Cal
13 Click here to calculate your premium assistance and get proposals
We are paid by Covered CA and the Insurance Companies to help you, when you appoint us as your agent NO CHARGE!
