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I thought this was very interesting how people in coastal parts of Calfornia would see a huge decrease in premiums that voted from Clinton.
I guess since so many are on the exchanges in California the risk is very spread out so the premiums are lower.
In Nebraska and Oklahoma it is a very different set of fundamentals so the premiums might go way up.
While ultra-red Nebraska, North Carolina and Oklahoma get big premium increases.
In Los Angeles a single person making $40,000 would go from $3,650 premium now to $650 if the new act takes effect.
While in Lincoln County, Nebraska premiums would way up by $2,070.
In general, it looks single-people making $40,000 and $75,000 will benefit most from the law.
A Single Angeleno now that makes $75,000 would be a $3,000 tax credit and it's estimated will pay only $650 after the tax credits for health care coverage.
Wait. It says a 60 year old in Holt County Nebraska making 20K a year - premium would be $20,240 or 101% of income.
Certainly possible. There is a tremendous amount of people with chronic conditions on the rural plains and the new legislation allows people in their 50s and 60s to be charged much much more then younger people.
Massive health exchanges in California with lots of younger enrolees likely reduce costs.
Another thing is participation of the exchanges is not as high in certain states then California where the risk is very spread-out. That may or may not have something to do with the rates going way up in some rural locations while people in Los Angeles and Southern California get a massive drop in healthcare costs, espcially if they make more then $30,000 a year.
Makes sense...this will be further exacerbated by Red States opting out of covering Preexisting conditions..I predict a mass move of unhealthy people to the coast...all newly minted Democrats, I suspect.
Makes sense...this will be further exacerbated by Red States opting out of covering Preexisting conditions..I predict a mass move of unhealthy people to the coast...all newly minted Democrats, I suspect.
Blue states need to set up barriers against any red state refugee wave if this happens. It would be like the dust bowl all over again.
If you're making $40K in the city of L.A. how are you eating the other 364 days a year?
You do. My kid used to make $20k a year starting out. She rent 1/3 of an 3 bedroom apartment near UCLA for $700 a month. The rest is for spending. It's not impossible.
I thought this was very interesting how people in coastal parts of Calfornia would see a huge decrease in premiums that voted from Clinton.
I guess since so many are on the exchanges in California the risk is very spread out so the premiums are lower.
In Nebraska and Oklahoma it is a very different set of fundamentals so the premiums might go way up.
While ultra-red Nebraska, North Carolina and Oklahoma get big premium increases.
In Los Angeles a single person making $40,000 would go from $3,650 premium now to $650 if the new act takes effect.
While in Lincoln County, Nebraska premiums would way up by $2,070.
In general, it looks single-people making $40,000 and $75,000 will benefit most from the law.
A Single Angeleno now that makes $75,000 would be a $3,000 tax credit and it's estimated will pay only $650 after the tax credits for health care coverage.
Well, it couldn't happen to a better group of people. Karma is such a biatch.
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