Posted on 09/29/2013 7:54:22 PM PDT by tobyhill
Americans will pay an average premium of $328 monthly for a mid-tier health insurance plan when the Obamacare health exchanges open for enrollment next week, and most will qualify for government subsidies to lower that price, the federal government said on Wednesday.
The figure, based on data for approved insurance plans in 48 states, is the broadest national estimate for the cost of coverage when President Barack Obama's healthcare reform law takes full effect next year. The prices of the new plans are at the heart of a political debate over whether they will be affordable enough to attract millions of uninsured Americans when enrollment begins on October 1.
Obama, who is facing a Republican threat to eliminate funding for the law or shut down the federal government next week, said the fierce opposition stems from the fear that Americans will embrace the program.
"Essentially they're saying people will like this thing too much, and then it will be really hard to roll back," Obama said on Tuesday in a conversation about healthcare with former President Bill Clinton. "What we're saying is, just look for yourself. Take a look at it, and you will discover that this is a good deal for you."
The Obama administration is counting on signing up 7 million Americans, including 2.7 million younger and healthier consumers who are needed to offset the costs of sicker members, in the first full year of reform through the state exchanges.
(Excerpt) Read more at news.yahoo.com ...
That’s a question I’ve been asking since day one but not one talking head has asked. “If I pay a fine, do I have insurance?”
The gen-xers hate us baby boomers for “spending” all of their inheritance. They’re really gonna’ be pissed when they learn they have to subsidize our insurance.
So, I miss my utility payment until I get a disconnect notice. I’m now exempt then I catch up.
My Cell phone bill is $30.00 a month, unlimited talk and texts and 500MB of Data per month.
So I guess my Premium will be $29.99 or less, using Obamamath.
Funny you say that because I have heard that too. However I went and plugged in numbers in my Calif Exchange and using a annual salary of 130K for 2 adults aged 46 and 55 the monthly premium would be $1154.00 a month—ridiculous.
I then used the same annual salary of $130K but put the 2 adults at age at 27 and 25 the monthly premium was $630.00.
So it looks like the older couple is paying much more for the same insurance coverage so the young ones don’t subsidize anyone.
I told my wife that maybe we should move to Mexico. She said “Why? Mexico is moving here.”
The word is "levy", not "garnish".
"garnish" is for small-time payday lenders you stiffed.
What blue collar with a family has 10k sitting around to pay the deductible?
And what family can replace that 10k in enough time for the next event? Takes years to save.
And what if you can afford the payments, and not the 10k Deductible? Oh man, what a fiasco
and we've learned nothing yet.
I have a hinky feeling that Obamacare will make ALL those Americans without debt
become indebted to the Government much like student loans. Bye home ownership.
I then used the same annual salary of $130K but put the 2 adults at age at 27 and 25 the monthly premium was $630.00.
Both numbers are illegitimate because neither was the result of an arms-length, unregulated transaction.
actually, no.
our debt has been increasing by $1.5t/yr for the last 4 years on total tax revenues of just under $2t. this means we’re spending $3.5t annually... and 0bamacare will cost at least $3t per year. new taxes associated with 0bamacare will supposedly net $500b ... which means we’ll be spending about $6.5t while bringing in 2.5t ... resulting in a net loss of $4.0 trillion YEARLY
this won’t happen immediately, but over time as the system ramps up.
this will result in a massive increase in debt and a situation where we’re barely able to manage the interest. of course, along the way they will continue to deflate the dollar to under $0.01 compared to 1800.
these people should be tried for treason, as deliberately bankrupting the nation is working against its best interests
The youts are clearing 400 per month after taxes with part time min. wage jobs. I’m sure they’ll be happy to fork over all of it for “insurance” that covers nothing! Hail Barry!
So for me, my wife, and two daughters still living at home, I get to come up with $1,312 every month?
That leaves me choosing between paying the mortgage and buying groceries.
No wonder I’m having trouble with insomnia.
Paying $850/mo. for a family of four, through my wife’s job.
Worse still, could be looked at as a home mortgage payment or rent payment.
I don’t have health insurance, don’t want any health insurance, don’t give a rats a$$ about health insurance and don’t give a shit about other people whining about them having to fork over more for it, they should have either done something more aggressively when they had the chance or just find a way to skip the system.
Let them whine, its not on my dime anymore. Obamacare cannot touch, threaten or even find me to confiscate my belongings.
And I am not alone.
Yeah...
At least with Ted running for president in 2016, we'll finally have a president to fight for. And I think he has the oratorical skill to begin the process of fundamentally transforming us back. I guess I'm an optimist.
I do just fine with a tracphone average 10.00 a month.
You buy insurance before you're admitted. That's the part that collapses the system, leading to... the complete government takeover.
I’d just sign up on day one of my hospital visit or have my wife do it for me.
They’re expanding Medicaid, so more low income will have coverage under Medicaid.
If you make too much to qualify for it, you’re stuck with what seems more like major medical coverage - if that $5,000 deductible is true.
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