Navigating The $6400 Health Subsidy: Eligibility, Application, And Key Information

 A Health Insurance Marketplace fact sheet says uninsured Americans could be eligible for no- or low-cost health insurance through Medicaid or subsidized health insurance.  To protect yourself and others, recognize these warning signs that a $6400 subsidy promotion is fake: Legit programs specify eligibility rules, not catch-all promises. Real agencies don’t demand private data or payments.  But if you’re eligible for a subsidy, the government sends the subsidy – actually a tax credit – directly to your health insurance company each month, to cover some or all of the.  Key Takeaways. The $6,400 health subsidy claim circulating on social media is a scam, not a legitimate government program. Genuine health insurance subsidies are applied.  Here’s how the ACA subsidy program actually works. Eligibility for the ACA Subsidies. To qualify for health insurance subsidies under the ACA your household income must fall between 100% and 400% of the poverty level.