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Retirement insurance availability, does it disqualify us for ACA?
My wife and I have both retired in our very late 50's.
My wife signed up for what she thought was COBRA with her former employer
when she retired. We are paying the premiums in their entirety to
cover both of us, no minor children.
We were going to apply for an ACA policy during the open enrollment
period as we can set our taxable income at the threshold to receive the
However my wife has just discovered that the insurance program she
signed up for is actually a bridge insurance that we can continue to pay
on until we reach 65 years of age and go on Medicare.
Can we drop out of this non-COBRA insurance plan and not be disqualified
for ACA subsides if our income is still at the limit set by ACA?