DWQA QuestionsCategory: Women's HealthHow do I project my household size/income for next year if I’m pregnant now? I’m married and this pregnancy will be our first child. We want to find subsidized coverage in the Marketplace.
HealthTNHealthTN Staff asked 4 years ago

How do I project my household size/income for next year if I’m pregnant now? I’m married and this pregnancy will be our first child. We want to find subsidized coverage in the Marketplace.

1 Answers
HealthTNHealthTN Staff answered 4 years ago

This fall you and your husband will apply as a household of two. When the baby is born, you can update your family information with the Marketplace to reflect that you have become a household of three. At that point, you may qualify for a larger premium tax credit. (For example, if you and your spouse together earned $30,000, as a household of two you would be required to contribute 6% of your household income toward the premium for the benchmark plan in the Marketplace. Once the baby is born and you are a household of three, you would only be required to contribute 4.17% of your income.) When you report your new family status to the Marketplace you will also have a 60-day special enrollment opportunity to add the baby to your plan, and you will be able to change health plans during that period if you want to do that.

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