Posted on 06/17/2013 11:06:47 AM PDT by Blackirish
In 2014, Obamacares blizzard of regulations and mandates will transform the U.S. market for health insurance, among people who buy coverage for themselves. Of increasing concern is the phenomenon of rate shock, whereby many Americans face substantial increases in their health insurance premiums. Much of the debate has focused on young men, the bros who will bear the brunt of Obamacares rate hikes. But in California, women and men will see equally high jumps in the underlying cost of individual-market premium
(Excerpt) Read more at forbes.com ...
"Maybe she had to pay to get laid," he offered.
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“Really not interested in reading about your lifestyle on this thread.”
Really would help if reading and comprehension were something your were interested in.
Oh I hope they are all obamabots. He’s doing such a great job isnt he girls? ha ha ha ha ha ha ha ha
In California, all the low income folks will go in MediCal, so there’s your single payer system right there. Then, as an individual’s income passes the federal poverty line and increases, that individual will have to buy insurance and the premium subsidies kick in. The subsidies last to three times the poverty line. Except for very few, the subsidies will not cover the entire premium.
Here’s a Kaiser tool. http://kff.org/interactive/subsidy-calculator/
Note that the point where the transition from “free” MediCal to payment with a subsidy kicks in varies from state to state.
It doesn’t really track with paying taxes. The requirement to have insurance is tied to income. Lots of the folks who don’t have a tax liability because they have several kids as writeoffs will bump into the insurance requirement because of their gross household income.
But I take your point in general, the subsidies are being underwritten by those who pay full premiums.
It is close enough to track.
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