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I got the news today, and it was a good thing I was sitting down when I opened the envelope.
The premium for the "budget" plan I have (otherwise known as the bronze plan) will be $977 a month. That's nearly $1,000 a month for the cheapest plan available, which carries a deductible of nearly $7,000. That means that I, with a straight middle-class income, will be on the hook for almost $20,000 in medical costs (if my year is bad). Boy, do I long for the pre-Obamacare days just a few years ago when I paid a few hundred a month at most for a real plan that covered medical expenses!
Basically, as has been discussed before, Obama "arranged" for middle earners to pay exorbitant premiums for what is essentially a catastrophic plan in order to have insurance companies provide the costs for every sneeze and cough for low(er) earners.
I got the news today, and it was a good thing I was sitting down when I opened the envelope.
The premium for the "budget" plan I have (otherwise known as the bronze plan) will be $977 a month. That's nearly $1,000 a month for the cheapest plan available, which carries a deductible of nearly $7,000. That means that I, with a straight middle-class income, will be on the hook for almost $20,000 in medical costs (if my year is bad). Boy, do I long for the pre-Obamacare days just a few years ago when I paid a few hundred a month at most for a real plan that covered medical expenses!
Basically, as has been discussed before, Obama "arranged" for middle earners to pay exorbitant premiums for what is essentially a catastrophic plan in order to have insurance companies provide the costs for every sneeze and cough for low(er) earners.
No. I'm in that grey area where I have too much income to qualify for subsidies, yet not enough for it not to make a difference.
The people who were really screwed over by Obamacare are those in the moderate range. In what world can someone grossing $50,000 (not me, but someone in that range doesn't qualify for subsidies, either) be categorized as having "health insurance" and be on the hook for $20,000 in expenses/premiums a year?
Are you self employed? Always puzzled me exactly who is on Obamacare as most get it through their employer. More of a safety net?
Only people I know who have it are pretty low income(water delivery driver), rabid Trump supporters, who love their Affordable Care Act subsidized insurance, but hate Obamacare...
According to Obama, that’s $2,500 less that what you were previously paying.
“Affordable” LOL. Did anyone actually believe that the government would make something cheaper? I guess they didn’t learn anything from the college tuition disaster.
No. I'm in that grey area where I have too much income to qualify for subsidies, yet not enough for it not to make a difference.
The people who were really screwed over by Obamacare are those in the moderate range. In what world can someone grossing $50,000 (not me, but someone in that range doesn't qualify for subsidies, either) be categorized as having "health insurance" and be on the hook for $20,000 in expenses/premiums a year?
Yes, I have know it hit mid income people the hardest. I listen to a Sirius Satellite radio show called Healthcare Connect and he talks about it. I am sorry. I wish they could fix this. They never address the reason costs keep going up. (The politicians, I mean).
Are you self employed? Always puzzled me exactly who is on Obamacare as most get it through their employer. More of a safety net?
Only people I know who have it are pretty low income(water delivery driver), rabid Trump supporters, who love their Affordable Care Act subsidized insurance, but hate Obamacare...
Semi-retired, but too young for Medicare. When I first semi-retired, I was paying just $400 a month pre-Obamacare. I thought I had it all figured out, given how Obama said premiums would drop. Hah.
But are you saying the only low-income are rabid Trump supporters? What about all the low-income on welfare in Detroit, St. Louis, Washington DC, Baltimore, NYC, etc., etc.? If they vote at all, they vote Dem.
(What is it with these sanctimonious liberals who think Trump supporters are poor and the Democratic supporters are educated and affluent? They're so full of themselves.)
Semi-retired, but too young for Medicare. When I first semi-retired, I was paying just $400 a month pre-Obamacare. I thought I had it all figured out, given how Obama said premiums would drop. Hah.
But are you saying the only low-income are rabid Trump supporters? What about all the low-income on welfare in Detroit, St. Louis, Washington DC, Baltimore, NYC, etc., etc.? If they vote at all, they vote Dem.
(What is it with these sanctimonious liberals who think Trump supporters are poor and the Democratic supporters are educated and affluent? They're so full of themselves.)
No, I'm saying that's the only set of people I know who are on Obamacare..and are obviously clueless about it. Everyone else is through employer or retired. So I'm saying I don't know who the millions of Obamacare folks are.
Yes, I have know it hit mid income people the hardest. I listen to a Sirius Satellite radio show called Healthcare Connect and he talks about it. I am sorry. I wish they could fix this. They never address the reason costs keep going up. (The politicians, I mean).
Thanks. Yes, and there's a big "cliff" at which point the subsidies disappear. I think it's at around $48,000 or so, so if you earn $47,000, you might pay $200 a month with subsidies, and if you earn $49,000, you lose the subsidies and are on the hook for the full grand a month!
It was such a poorly designed scheme. The person earning $47,000 is financially much better off than the person earning a few thousand more. Anyone at the level would be well advised to reject any raise, or it will cost them.
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