Hello! Thank you in advance if anyone is willing to take a minute and help me out.
I'll keep this brief. I just had my first child and my wife is a SAHM. The cheapest family health insurance plan my company offers is $1500 (it's good insurance... but yikes). I make about $7k/month. So that works out to 21% of my income. Anything over 9.12% is considered unaffordable by the US government.
I tried going to the health care marketplace at healthcare.gov but unfortunately, the cheapest option I qualify for there is $800/month, because my income is too high to get a discount. And that's $800 for a bad plan. To get a decent plan I'm looking at about $1200/month.
I really like my job, and I'd hate to have to quit just to find affordable insurance. But I just can't fathom spending a mortgage payment on health insurance. Is there any alternative for me? What would you do in my situation?
Thanks again if anyone takes the time to help me!
Submitted May 03, 2023 at 10:03PM by Comeonsonny https://ift.tt/SnEeXya
