Very good information. But as I said last week, take the family who would have an $835 monthly premium, but with deductions and various subsidies can reduce that to $135, who picks up the tab for the balance?
Just because that the policy holder only pays $135/month out of pocket doesn’t mean the balance goes away. Taxpayers will make up the balance.
The ACA adds an additional tax to those with incomes above $250K. The law also taxes companies manufacturing certain medical devices. That’s how they plan to pay for the ACA...
Plus some other taxes, and also reduce Medicare payments to certain plans which were over-charging their fees.
At least that’s my understanding of it. There are certain websites with great details of the ACA. I might have misinterpreted some of the details; I’m sure others can point out my mistakes if need be.
Bottom line: many people will indeed have lower premiums if they use the Marketplace to buy insurance, but some of those plans come with high deductibles. No one can be refused insurance anymore because of a pre-existing illness (which is a good thing). And those with the higher incomes levels will pay a little more taxes to pay for all of this.