If he is in a lower income bracket, he is going to get a huge subsidy for his insurance. I know these amounts mean more to people who make less money, but a family of 4 making $40k is only going to pay something like $1500 a year for full coverage.
The butt kicker is the family of four that makes $90k a year and used to pay $400-600 a month for employer based coverage. When their employer(s) dumps them because the penalty is only $2500 an employee, they end up having to buy their insurance all on their own. Paying an extra $800 a month for me would mean having to forego 401k inputs and that summer vacation I like to take the kids on. With the sliding subsidy scale and tax for not enrolling they will build a system where it doesn't pay to make any extra money between $50k and $120k because it will all go into medical care and taxes.
Obamacare is all about solidifying the poor and lower middle class into a permanent voting block for the democrats, and destroying the current healthcare system. The ultimate goal is for Obamacare to fail to the point where the only solution will be a redistributive single payer system.
Joe is single and makes about $45,000. He does not qualify for subsidies. But, he makes far less than before he lost his job and is saddled with a large mortgage and other expenses. He does not have $500/month lying around to buy insurance.
Joe is single and makes about $45,000. He does not qualify for subsidies. But, he makes far less than before he lost his job and is saddled with a large mortgage and other expenses. He does not have $500/month lying around to buy insurance.