Which ones?

Post #381,913 by Another Scott 10/9/13 9:18:14 PM Reply	Which ones? This one? http://news.yahoo.co...28-040209815.html (Reuters) - 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. KFF calculator: http://www.npr.org/b...ry-our-calculator US Average. $50000 income 2 adults, each 30 years old, nonsmokers 2 children, under 21, nonsmokers No employer-provided insurance results The information below is about subsidized exchange coverage. Note that subsidies are only available for people purchasing coverage on their own in the exchange (not through an employer). Depending on your state's eligibility criteria, you or some members of your family may qualify for Medicaid. Household income in 2014:212% of poverty level Unsubsidized annual health insurance premium in 2014:$8,975 Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:6.73% Amount you pay for the premium:$3,365 per year (which equals 6.73% of your household income and covers 38% of the overall premium) You could receive a government tax credit subsidy of up to:$5,609 (which covers 62% of the overall premium) BRONZE PLAN The premium and subsidy amounts above are based on a Silver plan. You have the option to apply the subsidy toward the purchase of other levels of coverage, such as a Gold plan (which would be more comprehensive) or a Bronze plan (which would be less comprehensive). For example, you could enroll in a Bronze plan for about $1,829 per year (which is 3.66% of your household income, after taking into account $5,609 in subsidies). For most people, the Bronze plan represents the minimum level of coverage required under health reform. Although you would pay less in premiums by enrolling in a Bronze plan, you will face higher out-of-pocket costs than if you enrolled in a Silver plan. $280 a month for decent health insurance for that family doesn't sound too bad. Yes, it'll be a stretch for some, but so would almost any medical expense. (I think the Silver plan is better for most (if they can afford it) because it has more cost-sharing so per-event costs are lower.) Rates are higher for smokers. (Another reason for you to quit, if you haven't already.) You have some better links? Thanks. Cheers, Scott.
Post #381,915 by boxley 10/9/13 9:25:02 PM Reply	try a different demographic the folks that currently have a high deductible catastrophic plan earn 60k and are 55years old anecdotal I got notice that my blue cross was being canceled. The cheapest Obamacare replacement is $160 per month more and my total risk increases from $5000 to $12,500. The good news is that my menopausal wife and I now have maternity, pediatric dental and vision! Thanks a lot. Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,920 by Another Scott 10/9/13 9:56:12 PM Reply	facebook/healthcare.gov Thanks for the quote that let me get to the linky. Roger Filips seems to be an OD in Nebraska, 68739. http://www.hartingto...right-future-here Assuming he's 60 and she's 55 and they don't smoke, and they make $100k a year, his annual premium would be $12,534 for a silver plan, $10,388 for a bronze plan. No subsidy. (If they make $60k a year, then they'd get a $6,834 subsidy.) He doesn't say why his BC was being cancelled. Presumably, being a health care provider, he recognizes the importance of having insurance. And normally would be happy to be able to get any insurance in that circumstance. His snarkiness in his comment makes me suspect that there's much more to the story than he's posting (e.g. he used to have 2 offices for his practice and now seems to only have one.). FWIW. Cheers, Scott.
Post #381,926 by drook 10/9/13 11:02:10 PM Reply	And frankly ... If the only example you can come up with of someone paying more is someone making >$100k/year then I don't see the problem. -- Drew
Post #381,927 by folkert 10/9/13 11:11:32 PM Reply	And frankly, that is all... Box needs to scream: SEE I TOLD YOU! -- greg@gregfolkert.net "No snowflake in an avalanche ever feels responsible." --Stanislaw Jerzy Lec
Post #381,937 by boxley 10/10/13 8:20:58 AM Reply	so the definition of rich is now 100k a year? good to know Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,945 by jake123 10/10/13 9:46:19 AM Reply	Median family income in the US is 50.5K Which is to say that half of all families make less than that. If you are getting 100K/year, you're in the top fifteen percent of all incomes in the US. So yes, actually, it is, Box.
Post #381,946 by boxley 10/10/13 10:32:58 AM Reply	good to know Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,951 by folkert 10/10/13 11:30:32 AM Reply	So, another question... Please see this: http://forum.iwethey...iwt?postid=381950 -- greg@gregfolkert.net "No snowflake in an avalanche ever feels responsible." --Stanislaw Jerzy Lec
Post #381,936 by boxley 10/10/13 8:20:12 AM Reply	60k a year $6,834 subsidy do you have a link? seems to be a lot of anecdotal quotes that people making $8.25 do not qualify for a subsidy but a couple making $60k do? Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,940 by Another Scott 10/10/13 8:32:11 AM Reply	That's what the KFF calculator says. I assume them being 55 or older has something to do with it. The only things that seem to matter are: 1) Age 2) State of residence 3) Smoker? y/n 4) Employer provided insurance available? y/n 5) Kids 6) Income 7) Is your state part of the Medicare expansion? y/n 8) What Metal do you want? That's it. http://kff.org/inter...bsidy-calculator/ I don't know if those numbers are accurate (I assume they are as the content of the law has been known a long time). If not, Healthcare.gov should have them (once the site is over its teething problems). HTH. Cheers, Scott.
Post #381,957 by boxley 10/10/13 12:03:20 PM Reply	huh, criteria is wierd, shows zero subsidy 60k 2 people non smoking Results The information below is about subsidized exchange coverage. Note that subsidies are only available for people purchasing coverage on their own in the exchange (not through an employer). Depending on your state's eligibility criteria, you or some members of your family may qualify for Medicaid. Household income in 2014: 387% of poverty level Unsubsidized annual health insurance premium in 2014: $5,070 Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy: 9.5% Amount you pay for the premium: $5,070 per year (which equals 8.45% of your household income and covers 100% of the overall premium) You could receive a government tax credit subsidy of up to: $0 (which covers 0% of the overall premium) Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,961 by Another Scott 10/10/13 12:30:46 PM Reply	Depends on your state. Nebraska, 68739, Cedar, 2014 dollars, 60000, No, 2, 60 NS, 55 NS, No kids. results The information below is about subsidized exchange coverage. Note that subsidies are only available for people purchasing coverage on their own in the exchange (not through an employer). Depending on your state's eligibility criteria, you or some members of your family may qualify for Medicaid. Household income in 2014:387% of poverty level Unsubsidized annual health insurance premium in 2014:$10,553 Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:9.5% Amount you pay for the premium:$5,700 per year (which equals 9.5% of your household income and covers 54% of the overall premium) You could receive a government tax credit subsidy of up to:$4,853 (which covers 46% of the overall premium) The details matter, and maybe I mangled some things in trying different options. But the above is what it gave me starting fresh. The subsidy does drop for younger people. HTH. Cheers, Scott.
Post #381,964 by boxley 10/10/13 12:49:01 PM Reply	Depends on your state., Thats fair and balanced :-) Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,965 by Another Scott 10/10/13 12:50:25 PM Reply	States Rights!!!11 ;-)
Post #381,966 by drook 10/10/13 12:50:55 PM Reply	I thought conservatives liked states' rights? -- Drew
Post #381,968 by boxley 10/10/13 1:04:32 PM Reply	how is that state rights? its a federal subsidy Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,969 by Another Scott 10/10/13 1:12:11 PM Reply	A subsidy that depends on the state policies. http://www.nytimes.c...remiums.html?_r=0 Why does the subsidy vary? Because the private insurance rates vary. The actual out-of-pocket costs are surprisingly uniform. Those are for states with exchanges. For those that don't, the feds will be running an exchange. I don't know the details there yet. (Maybe you do. ;-) HTH. Cheers, Scott.
Post #381,970 by boxley 10/10/13 1:21:39 PM Reply	nope, I work for your neighbor :-) Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep
Post #381,974 by Another Scott 10/10/13 1:49:04 PM Reply	Snazzy. Dunno about the flying top border though ... ;-)
Post #381,977 by boxley 10/10/13 1:58:06 PM Reply	shoot, they changed the front end again? Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 58 years. meep

Welcome to IWETHEY!