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To: Cedar

I appreciate the feedback. You’re right, the premiums are not higher in some cases. I should have been more specific. I’m referring to those (I’d say the majority) who didn’t think they’d see an increase, or not nearly as high as is being reported (like one of the stories I linked to).


5 posted on 10/07/2013 8:39:53 PM PDT by Conservative Beacon
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To: Conservative Beacon

According to the ACA Law, tax credits will be allowed up to 400% of federal poverty level. Here is a link I found showing those income levels:

http://www.familiesusa.org/resources/tools-for-advocates/guides/federal-poverty-guidelines.html

Tax credits are based on income; the lower the income, the higher the tax credit given. There are also out-of-pocket reductions given to those with low incomes up to 250% of federal poverty level. That will be needed, as those deductibles, etc., look to be pretty steep for the lower premium plans.

Hope this information helps.


10 posted on 10/07/2013 8:57:59 PM PDT by Cedar
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