View Single Post
      03-21-2024, 09:57 AM   #36
Mosaud1998
Colonel
Mosaud1998's Avatar
United_States
3979
Rep
2,657
Posts

Drives: 2019 BMW 540
Join Date: Nov 2019
Location: Suburb of Chicago

iTrader: (0)

Garage List
2019 BMW 540  [0.00]
Quote:
Originally Posted by dreamingat30fps View Post
Maybe I'm wrong but I think the income is based on yearly income... not on what you make while you have the insurance. So at the end of the year if you made more than the $20k you are claiming (for the whole year) I believe you would owe some of that subsidy money back.
Yeah, I'd owe some of the subsidie money back. I think I'd owe that money back if I was still insured with blue cross. If assume. If I cancel the plan in 3 months, I think I'd be okay

If I keep the insurance open for more than 3 months, I'd owe $1,005. I'll make more than 20k in a year. So, I pay the original plans premium times 3.
__________________
Current: 2019 BMW 540 (AWD)
Sold: 2009 BMW 328 (AWD)
Appreciate 0