Obamacare Enrollees Could Get Hit With Surprise Costs (Obama's tax scam getting called out)

Yahoo ^ | 12/12/2014 | Brianna Ehley

[tobyhill]

Returning Obamacare enrollees have until next Monday to decide whether they want to keep or switch insurance policies for next year. If they do nothing, they will be renewed automatically in their old plans.

In addition to getting hit by higher premiums, auto-enrolling in health exchange plans next year could hit consumers’ wallets in another way. Because of the complicated way federal subsidies are calculated, some subsidy-eligible consumers could be surprised with a lower tax credit than last year - further driving up the total cost of their health insurance.

Here’s how it works: Subsidies or tax credits are calculated by using the cost of the so-called “benchmark plan” or second-cheapest “silver” plan sold in the area where the consumer lives. If the cost of the benchmark plan changes, which is likely the case, the tax credit or subsidy changes as well. People who don’t enroll in the new benchmark plans will then have to pay the tax-credit difference if the new benchmark plan is cheaper.

[Soul of the South]

“here’s a much better way to spend some of that $50”

Did you photograph John Boehner’s meal this evening at the Capitol Grille where he was congratulated by the K street gang for all the pork in the budget bill he just pushed through the House?

[Qiviut]

Actually, I think that was lunch today at Sidwell Friends /s

[PGalt]

Call a whaaaaambulance.

[JPG]

I think that was lunch today at Sidwell Friends /s

You're close, actually it was a doggie bag for Mom.

[PGalt]

Enrollees have been Grubered by one of the architects of Obama’s TOTALITARIANCARE…

…and Obama’d by the Deceiver-in-Chief.

[randita]

Premiums on the silver plans, or the most popular plan in 2014, will increase by an average of 10 percent next year, according to an analysis by Avalere Health.

Bah humbug. Where are they getting these 10% averages from? The premiums on the silver plan I had last year were slated to go 60%-to $720/month. This is for a single individual-not even a family.

So I downgraded to a bronze plan and it still costs $530/month, which is more expensive than what I paid last year for the silver one.

[Diana in Wisconsin]

Well, I KNOW that! I was keeping it simple, LOL!

Again, I urge EVERY American to look at their taxes. Do all you can to stuff as much $ into pre-tax stuff as possible; while THAT is still available to us!

Budget well and don’t ‘live’ for a tax refund each year. Keep your dwindling $ in your pocket instead of giving it to Uncle Sam - INTEREST FREE - for the year.

Starve the Beast. It’s one solution. Civil War is the other. :)

[Diana in Wisconsin]

Yep. Beau has excellent insurance through his union. He’s going to retire soon; I’d better marry him, QUICK, LOL!

“Honey, I love you, but I love your Healthcare even MORE!”

[SteveH]

it’s a next year problem, so it is next year’s house majority that will determine... ideally without the leadership of boehner...

[EVO X]

That’s $18,000/year before I can actually use the “insurance.”

I am a few years younger than you, and in generally good health as well. If ACA had been in effect 35 years ago when I turned 21, I wouldn't have gotten anything "back" until I had a colonoscopy earlier this year. None of the few health issues I had would have meet deductible requirements.