First in a multi-part series on churningFIRE, diving deep into early retirement hacks that make FIRE more attainable, and why having a churning mindset is particularly useful.
- 0:00 - Intro to churning healthcare
- 6:40 - How ACA actually works
- 9:57 - Health plan tiers
- 11:05 - Subsidy #1: Premium Tax Credit
- 18:17 - Subsidy #2: Cost Sharing Reduction
- 26:24 - Churning retirement
Show Notes
Health plan tiers
![](https://thedailychurnpodcast.com/content/images/2023/11/4-Health-Insurance-Plans-Included-in-the-Affordable-Care-Act-in-post.webp)
Premium Tax Credit (PCT)
- Required contribution %
![](https://thedailychurnpodcast.com/content/images/2023/11/required-individual-contribution-to-benchmark-plan-premium-for-2024-coverage-year-1.webp)
- Federal Poverty Level (FPL)
![](https://thedailychurnpodcast.com/content/images/2023/11/FPL-Chart_2024-Plan-Year.webp)
- ACA MAGI calculation - healthcare.gov
Cost Sharing Reduction (CSR)
![](https://thedailychurnpodcast.com/content/images/2023/11/csr.png)
Further reading
- How ACA subsidies work - article
- 1 year of churningFIRE - reddit
- 📚 FIRE blogs we love
- 💬 FIRE subreddits
Mentioned in episode
- Primer on churningFIRE - Ep 7 - ChurningFIRE
- Cheap, tasty food - Ep 2 - Mealkits
- Constant suite upgrades - Ep 8 - Hyatt Gloablist
- P2 flies for free - Ep 10 - Southwest Companion Pass
- Traveling first class for free - Ep 23 - ANA First & Business
- $5K Hawaii vacation for free - deal alert
Next time...
- 🪜 Roth conversion ladders
- 📈 Glidepath investment strategy
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