We didn't have coverage for 9 consecutive months (Feb-Oct), my husband was unemployed, total 2017 income before taxes was $70,000, the cheapest coverage my employer offered was $372 for me and $435 for my spouse, total $807. The total annualized premium (or even 9months')--$7263--is higher than 8.16% of our income which is $5712. However, my employer was paying me $529 every month for not taking the employer-sponsored insurance believing I was covered through my husband's employer. $529/month for 10 months with that employer is factored into our annual income of $70,000. My husband lost his job at the end of January, so our coverage ended there until I changed jobs in November and picked up more affordable insurance for both of us.
