I’d rather calculate what it’s going to cost the D.C. politicians.
Calculate what your employer pays, it’s not “free” either.
Don`t! I have heard that if you even inquire that sets off red flags with the O`Bozo goon squad and you may be audited in the future.
So I did the calculation...at first I was whoa, that is cheaper and then I read the other print which would make my silver plan cost upwards of 23k. Catastrophic plans for young people put them out 12k in expenses before they get any coverage.
Unsubsidized annual health insurance premium in 2014:
$9,751
Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:
None
Amount you pay for the premium:
$9,751 per year
And now the other print.
Your out-of-pocket maximum for a Silver plan (not including the premium) can be no more than $12,700. Whether you reach this maximum level will depend on the amount of health care services you use. Currently, about one in four people use no health care services in any given year.
A Silver plan has an actuarial value of 70%. This means that for all enrollees in a typical population, the plan will pay for 70% of expenses in total for covered benefits, with enrollees responsible for the rest. If you choose to enroll in a Bronze plan, the actuarial value will be 60%, meaning your out-of-pocket costs when you use services will likely be higher. Regardless of which level of coverage you choose, deductibles and copayments will vary from plan to plan, and out-of-pocket costs will depend on your health care expenses. Preventive services will be covered with no cost sharing required.
Other Coverage Options
Children and young adults under age 30 are eligible to purchase catastrophic coverage. With a catastrophic plan, you would pay out-of-pocket for most health services until you reach the annual limit on cost sharing ($12,700 in 2014). However, preventive services are covered with no cost sharing required.
Does this include the subsidies you get at the end of the year if you don’t make enough?
Bump.
So then if you are too poor you don’t get an Obamacare subsidy. You have to make enough money to get above the poverty level.
So the poor are sol with Obamacare.
Below is mine for two adults and 4 children. I don’t understand a word of it...lol.
Household income in 2014:244% of poverty level
Unsubsidized annual health insurance premium in 2014:$9,900 Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:
7.83% Amount you pay for the premium:$6,030 per year
(which equals 7.83% of your household income and covers 61% of the overall premium)
You could receive a government tax credit subsidy of up to:$3,870
(which covers 39% of the overall premium)
For the Low Information Voters who thought they were going to get their healthcare for free, I want to laugh and cry at the same time. They were conned.
These numbers suck!
I suspect there are paid “Navigators” prowling on social media sites trying to win over opponents of Obamacare. I got into a strange tete-a-tete with people I don’t even know over it. They used the same kind of language and tone. Very odd. Like Invasion of the Body Snatchers.
So I am one of the fans for abolishing Obamacare, if not, defund it, if not that, cripple it. In any way shape or form possible.
However, as a fallback position of last resort, if we assume that Obamacare continues to be inflicted on to the US, as a counter to the financial drain, what about changes to Health Savings Accounts?
Like making the entire amount deposited into the HSA tax deductable up to the total of the premium or the out of pocket expenses?
Thoughts or comments on the last question?
Please, lets avoid the Obamacare sucks comments - we already know that.
Three choices: expensive, more expensive and completely unaffordable.
1100/month
I’m paying 480 now Blue Cross
2 adults
5 kids
1000 deduct on meds
Severe preexisting on me
Sorry, as much as I would like to /s
The South Carolina state House passed a bill Wednesday that declares President Obama’s Patient Protection and Affordable Care Act to be “null and void,” and criminalizes its implementation.
I think what I'm going to do is pay a concierge Doctor about $1,500 a year and if something serious happens then sign up. Why pay now? No pre-existing conditions means I can sign up when I'm sick. Even if the penalty is $2,500 a year and my Doctor only charges $1,500 I'm ahead $5,650.
I’m a full-time student. I was pricing healthcare options for next year, and this is what I found. Apparently I don’t make enough money to get subsidies to make health insurance more affordable. I am really wondering about their logic here.
Household income in 2014:
0% of poverty level
Unsubsidized annual health insurance premium in 2014:
$2,391
Amount you pay for the premium:
$2,391 per year (which equals Infinity% of your household income and covers 100% of the overall premium)
You could receive a government tax credit subsidy of up to:
$0 (which covers 0% of the overall premium)
62 y/o male, Indiana
Presently $387 to BCBS w/$5000 deductible
Under Obama $800+ $6230 deductible
107% increase for less coverage.
Thank you Mr. Roberts
My gawd! Mine is almost half my salary!! Is this right? I mean, I had no intention of complying, but I had to check it out.