When the ACA/Obamacare was drafted, approximately 6M families who didn’t have access to affordable health insurance through work weren’t allowed access to healthcare exchange subsidies. If a spouse was offered affordable self-only health insurance through their job, then the family was barred from getting exchange subsidies even though that employer didn’t offer affordable family health insurance coverage. This has been fixed and will allow these families the chance to get health insurance subsidies when open enrollment begins on healthcare.gov on November 1st. We have encountered many families who were hurt by this “glitch” and this is welcome news to them.
Accounting and Consulting