does covered california count loan money as income
When you apply for a Covered California health insurance plan with premium assistance, you will be asked to enter your current sources of household income. Only certain kinds of income are considered, such as: 1  Annual income, including wages, salaries and tips. 2  Business or self-employment income, including rental income.o be eligible for premium assistance, an individual must: 1  Be a U.S. citizen, a U.S. national or a lawfully present immigrant buying coverage through Covered California. 2  Have an annual household income between 138 percent and 400 percent* of the federal poverty level (FPL).