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Exact Affordable Care Act insurance costs remain murky
The Nashua Telegraph ^ | October 20, 2013 | by David Brooks

Posted on 10/20/2013 5:35:43 AM PDT by Oldeconomybuyer

Almost a month after the nation began what is proving to be a rocky shift to a new form of national health insurance, the basic question of how much health insurance will cost people under the Affordable Care Act is still hard to answer.

Contributing to the murkiness are continuing problems with the federal government’s insurance exchange website and the evolving nature of a system that was built from scratch.

For example, if you make too much money to quality for tax-credit subsidies, the premiums could be higher than you expect, assuming you can even figure them out.

“It won’t be easy or cheap,” Ed Stebbins, of Nashua, an independent insurance broker, said after a run-through with The Telegraph of some pricing scenarios.

(Excerpt) Read more at nashuatelegraph.com ...


TOPICS: Constitution/Conservatism; News/Current Events; Politics/Elections; US: New Hampshire
KEYWORDS: failure; honeybadgerdontcare; obamacare; obamadontcare; rinocare
Forward!!
1 posted on 10/20/2013 5:35:43 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

“The result? For insurance coverage that falls into what Healthcare.gov calls the “bronze” level – around $5,000 annual deductible per person and twice that for family, some prescription coverage and some office visit copays – the hypothetical family will spent $160 a month less in premiums buying now compared with buying after Jan. 1, when all insurance must meet certain Affordable Care Act mandates.

To be specific, the premiums were $513 a month now but $673 a month next year, according to Stebbins’ work.

The difference is less than it seems because the deductible was a few hundred dollars higher – in other words, better – under the plan after Jan. 1, which is nothing to sneeze at.”


Huh? Better to have a higher deductible for those premiums?


2 posted on 10/20/2013 6:29:48 AM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Oldeconomybuyer

Have there been any legitimate reports of people saving money yet?


3 posted on 10/20/2013 6:42:29 AM PDT by clearcarbon
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To: Oldeconomybuyer
We do know, for a dead certainty, that whatever the costs are now, they will be much, much higher later. That's just how redistribution rolls.

Oh, and also...


4 posted on 10/20/2013 6:55:00 AM PDT by Paine in the Neck (Is John's moustache long enough YET?)
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To: Oldeconomybuyer; Hoodat

5 posted on 10/20/2013 8:15:08 AM PDT by Delta 21 (Oh Crap !! Did I say that out loud ??!??)
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Yeah, pretty murky in North Dakota about now.


6 posted on 10/20/2013 8:16:05 AM PDT by Delta 21 (Oh Crap !! Did I say that out loud ??!??)
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To: Delta 21

Georgia and Arkansas as well. Yikes!


7 posted on 10/20/2013 8:17:42 AM PDT by Delta 21 (Oh Crap !! Did I say that out loud ??!??)
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