Buying Obamacare coverage? If you don't get subsidies, this could cushion you against big hikes

Cleveland.com ^ | 10/27/2017 | Stephen Koff

[EBH]

Jeff Harkleroad, at Buckeye Health Benefits, a licensed insurance agency in Lakewood, checked this out today after cleveland.com contacted him, and confirmed it for himself after contacting Medical Mutual of Ohio. He plugged in the numbers for a 51-year-old man in Cuyahoga County:

He would pay $695 a month in 2018 for a particular mid-level or silver-tier Medical Mutual health care plan if he bought it on HealthCare.gov, the online Affordable Care Act marketplace, or "exchange." If he bought it off the marketplace instead, using a broker or agent, he'd pay $579. That's a 17 percent savings.

[EBH]

So they are charging the poor suckers on the exchange MORE essentially taking a higher amount from the government.

[beergarden]

I’d rather pay the penalty.

[goldstategop]

Those under the income limit, qualify for Medicaid, especially if their state has expanded coverage.

Before the Obamacare private health insurance kicks in, a deductible must be paid up front. In many cases, people still have only the illusion of coverage.

And whether it covers everything medically necessary, depends on the selected plan.

[dadfly]

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[RKBA Democrat]

No reason to pay the penalty. The medical sharing ministries are one option. Qualifying for a financial hardship waiver is another.

[okie 54]

It is hard to figure who is the worse. Sorry Democrats for implementing 0bamascan or the lying lazy assed Republicans for reneging on campaign promises of ridding the nation of the albatross

[EBH]

Correct. For many the exchanges are an illusion of coverage and simply are taking money from both the government and the folks either living just above the medicaid line. Deductibles are between 5-10,000. Can someone explain to me if you are living just above the medicaid cutoff, have 0bamacare, and get sick/hurt...how are you supposed to be able to pay thousands of dollars in a deductible? I mean really?