Does severance pay count as income in obamacare?

Yes, severance pay is considered income for the purposes of determining eligibility for health insurance subsidies under the Affordable Care Act (Obamacare). It may affect your modified adjusted gross income (MAGI), which is used to assess your eligibility for premium tax credits and other assistance. Therefore, if you receive severance pay, it could impact your ability to qualify for lower-cost health coverage.