[quote=bearishgurl]The vast majority of people who sign up for coverage on the exchanges DO take a subsidy. Why would anyone go thru all those layers of BS just to have a healthplan if they weren’t going to get a subsidy?
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Because they want and need insurance. And believe it or not, in some markets, there are very decent choices at identical rates as are available outside the exchange. I bought insurance on the exchange with no subsidy for almost a year. My wife purchased insurance on a different state exchange for almost 2 years with no subsidy. Neither of us ever had to enter any income data.
I did the same thing for my daughter on the CA exchange last year for the 3 months she was without insurance between school and her job starting. No income entered. And guess what? with her return she got a premium tax credit. It’s possible that just looking at her tax return, the state of California would have liked to push her into medi-cal, but they never got the chance. And they would have been wrong in doing so. But I never had to fight the fight.
Not everyone who purchases insurance through state and federal exchange receive subsidies.
