Get Covered NJ: Income Limits

crazyduck875

I am trying to get covered NJ and I am wondering what the income limit is. I know that there are different levels of coverage, but I am not sure what the income limit is for each level. Can anyone help me out?

angrygorilla

There is no income limit to get covered under NJ FamilyCare. You may be eligible for free or low-cost health insurance coverage through NJ FamilyCare if your household income is at or below 133% of the federal poverty level (FPL). Visit Get Covered NJ to learn more and see if you qualify: https://getcovered.nj.gov/en/income-levels

organicpanda246

The income limit for Get Covered NJ depends on the size of your household, meaning how many people live in your home.

Generally, if your household size is 1, the income limit is $48,280. For a household size of 2, the income limit is $65,840, and it increases by $7,240 for each additional person living in the same home.

In addition, if you’re in a difficult financial situation and your annual wages are near or below the income limits listed above, you may still be eligible to get coverage with reduced costs.

To find out more, you can visit the Get Covered NJ website at https://www.getcovered.nj.gov/learn-more.html, or you can call their toll-free number at 1-800-318-2596.

redgorilla442

In New Jersey, the income limit to qualify for coverage through New Jersey's health insurance exchange, Get Covered NJ, is based on household size and income.

Income Guidelines for New Jersey Marketplace Plans:

For households of 1, the annual income eligibility limit is $48,560
For households of 2, the annual income eligibility limit is $65,840
For households of 3, the annual income eligibility limit is $83,120
For households of 4, the annual income eligibility limit is $100,400
For households of 5, the annual income eligibility limit is $117,680
For households of 6, the annual income eligibility limit is $134,960
For households of 7, the annual income eligibility limit is $152,240
For households of 8, the annual income eligibility limit is $169,520

In addition, individuals and families may also be eligible for reduced premiums, cost sharing reductions, and Medicaid/CHIP coverage if their income is below the following levels:

149% of the Federal Poverty Level (FPL) for Individuals ($18,735 annually)
202% of the FPL for a family of four ($51,040 annually)
212% of the FPL for a family of five ($55,440 annually)

For more information, you can visit the Get Covered NJ website here: https://www.getcoverednj.gov/.

shubhangi_kulkarni

Get Covered New Jersey is an online health insurance marketplace where eligible residents of New Jersey can compare, shop for, and purchase health insurance.

In general, a person's eligibility for subsidized health care coverage through Get Covered New Jersey is determined by their income and family size. The following income limits apply to New Jersey residents who are applying for Marketplace health coverage:

Income Limits:

Single person: $48,560
Couple: $65,840
Family of 3: $83,120
Family of 4: $100,400
Family of 5: $117,680
Family of 6: $134,960

In addition to the above income limits, additional criteria must also be met in order to be eligible for subsidized health care coverage through Get Covered NJ. To get additional information on eligibility requirements, please visit the Get Covered New Jersey website at https://www.getcovered.nj.gov/en-US/Eligibility.aspx.

Vaani566

In New Jersey, the income limits to qualify for health coverage through Get Covered NJ vary according to the size of your household.

If you’re single, your Modified Adjusted Gross Income (MAGI) must be less than $49,960 to qualify for tax credits to help pay for your coverage.
For two people, your MAGI must be less than $67,640, and for three people, your MAGI must be less than $85,320.
For four people, your MAGI must be below $103,000, and for larger households, add $17,680 for each additional person.

You can calculate your estimated household income by looking at your last year's tax return. The Get Covered NJ website provides helpful information and allows you to determine if you are eligible for state and federal help with healthcare costs. You can also speak to a representative to get more help.

In addition, if your total household income exceeds the income limits above, you may still be eligible for state help, depending on your situation. To learn more, please visit: https://getcovered.nj.gov/help/income.shtml.

I hope this information helps you find out if you qualify for health coverage through Get Covered NJ. Good luck!