President | Founder, CLM Insurance Group, Delray Beach, FL
The premium for a private health insurance plan needs to be paid, but by whom doesn't really matter. In most cases the insured will pay their premiums and if the insured has qualified for an advanced premium tax credit (APTC) then that portion gets paid by the government and the insured is responsible for the rest.
As an experienced agent, I've seen scenarios where family members, employers and even friends have paid the premiums of the insured.
Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
The premiums for health insurance plans are generally paid by the insured individual - if it's not paid by the insured person, it's likely being paid by the person's spouse or other family member (parent or child).
Under the Affordable Care Act, you may qualify for a subsidy, depending on your income level, that will pay for a portion of the premiums.
.JPG){kind=avatar}
As an experienced agent, I've seen scenarios where family members, employers and even friends have paid the premiums of the insured.
Under the Affordable Care Act, you may qualify for a subsidy, depending on your income level, that will pay for a portion of the premiums.