Obamacare only works if you’re not working.
If you’re working, a $5,000 dollar deductible Bronze policy comes with a monthly premium of around $500.00. In other words, it doesn’t pay out anything until you’ve spent $5,000 dollars out of pocket.
Young, healthy employed people have already figured out that it’s cheaper just to pay the penalty than to pay for a policy they will probably likely never use.
I retire next year, for the second time.
My lowest cost insurance under the ACA looks like $1200/mo with $5K deductible for two, eyes and teeth included.
My corporate group policy for everything is only $400/mo.
President Trump better fix this crap in a hurry.
She’s working but at retail. Doesn’t earn a ton so she would be subsidized. One plan was cheaper than the penalty so she was going to do that and never use it.
$500 per month for an unsubsidized bronze plan means your in your mid to upper 50's in my area of fly over country. Silver plans push $700 per month unsubsidized. I would think the death spiral would accelerate if rates continue to rise faster than inflation...