Pioneers in 5 Star Service • Ronstadt Insurance • Tucson, AZ • 520-721-4848

Archive for Author 'Ronstadt Insurance'

November 4, 2016

Health Net IFP Members Will Receive Replacement Renewal Notice

Ambetter from HealthnetHealth Net of Arizona, Inc. (Health Net) recently mailed notices to Individual & Family Plan (IFP) members, letting them know that they are closing the 2016 CommunityCare HMO plans and migrating members to the Ambetter from Health Net plan plan most similar to the one they have now.  A subset of these notices had the wrong 2016 premium amount. Health Net mailed corrected notices on November 1, 2016. If you are a member of one of these plans, we ask you to call Health Net at 1-888-926-5057 (TTY: 711) with any questions, and encourage you to visit www.AmbetterHealthNet.com to review the summary of benefits and coverage for your new Ambetter from Health Net plan.
If you have questions, please call us at (520) 721-4848.

November 1, 2016

Is Social Security considered income when enrolling in a plan through the Healthcare.gov?

HealthCare.gov

Yes. Social Security income is included in the calculation to determine your subsidy eligibility.

To get your Modified Adjust Gross Income (MAGI, which is often referred to as “household income”), you start with your Adjusted Gross Income (AGI) from your tax return. Then there are three things that must be added to your AGI if any of them apply to you:

1) Non-taxable Social Security income.
2) Foreign-earned income (and housing expenses if you live abroad).
3) Tax-exempt interest income. (more…)

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