My health insurance broker wrote me this in response to our telling him we got a letter from Blue Cross (BC) terminating our policy
Did your BC letter say your policy ended 12/31/13 or 12/31/14. If it ends in 2014 I strongly suggest you stay where you are until you are forced into Obamacare which will probably raise your rates substantially.
Given that I run a small business with fluctuating earnings, my last two years tax returns show zero net income. If I had not honor, I probably could go into the exchange (if and when I could actually get into the exchange) and qualify for a large subsidy. I could also probably go uncovered, and just sign up when I get sick, and pay the penalty, which is trivial if you are showing no income on your taxes.
Does anyone know if the exchanges do a net worth or asset check? I don't see how. If they only look at taxes, I will appear dirt poor.