Posted on 10/03/2013 1:00:33 PM PDT by Ruy Dias de Bivar
This is the page the Obamacare page sends you to to check the cost of your "free" insurance.
https://www.healthcare.gov/how-can-i-get-an-estimate-of-costs-and-savings-on-marketplace-health-insurance/
http://kff.org/interactive/subsidy-calculator/
I’d rather calculate what it’s going to cost the D.C. politicians.
Calculate what your employer pays, it’s not “free” either.
Don`t! I have heard that if you even inquire that sets off red flags with the O`Bozo goon squad and you may be audited in the future.
So I did the calculation...at first I was whoa, that is cheaper and then I read the other print which would make my silver plan cost upwards of 23k. Catastrophic plans for young people put them out 12k in expenses before they get any coverage.
Unsubsidized annual health insurance premium in 2014:
$9,751
Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:
None
Amount you pay for the premium:
$9,751 per year
And now the other print.
Your out-of-pocket maximum for a Silver plan (not including the premium) can be no more than $12,700. Whether you reach this maximum level will depend on the amount of health care services you use. Currently, about one in four people use no health care services in any given year.
A Silver plan has an actuarial value of 70%. This means that for all enrollees in a typical population, the plan will pay for 70% of expenses in total for covered benefits, with enrollees responsible for the rest. If you choose to enroll in a Bronze plan, the actuarial value will be 60%, meaning your out-of-pocket costs when you use services will likely be higher. Regardless of which level of coverage you choose, deductibles and copayments will vary from plan to plan, and out-of-pocket costs will depend on your health care expenses. Preventive services will be covered with no cost sharing required.
Other Coverage Options
Children and young adults under age 30 are eligible to purchase catastrophic coverage. With a catastrophic plan, you would pay out-of-pocket for most health services until you reach the annual limit on cost sharing ($12,700 in 2014). However, preventive services are covered with no cost sharing required.
Does this include the subsidies you get at the end of the year if you don’t make enough?
Don’t forget about the credits/subsidies that most people will get at the end of the year...
Anybody who is on FR is at the top of the regime's sh!tlist. There's NOTHING you can do to make it worse. It's actually a feeling of complete freedom.
Bump.
So then if you are too poor you don’t get an Obamacare subsidy. You have to make enough money to get above the poverty level.
So the poor are sol with Obamacare.
The poor are on Medicaid, not Obamacare.
It should be clear to everyone now that the democrats used the rubric of healthcare to pass a HUGE tax increase on a targeted segment of the population.
Nothing but income redistribution.
That is exactly it, this was a power grab, it will do nothing to help people get healthcare
Below is mine for two adults and 4 children. I don’t understand a word of it...lol.
Household income in 2014:244% of poverty level
Unsubsidized annual health insurance premium in 2014:$9,900 Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:
7.83% Amount you pay for the premium:$6,030 per year
(which equals 7.83% of your household income and covers 61% of the overall premium)
You could receive a government tax credit subsidy of up to:$3,870
(which covers 39% of the overall premium)
For the Low Information Voters who thought they were going to get their healthcare for free, I want to laugh and cry at the same time. They were conned.
One things is for certain, though - its gonna be a real challenge getting our money back now that the bureaucrats have their greasy paws on it.
But the premiums for Obamacare are less than they are for Medicaid which incidentally is not always free.
My premium for 4 of us is over $20k. No subsidy for me.
My premium for 4 of us is over $20k. No subsidy for me.
Holy crap. I am sorry to hear that.....however, I hope you never have to use it not only because you have another avenue, but also that the Republicans keep on course to rid ourselves of this mess.
How would anybody possibly know the premiums for Obamacare when it’s effectively impossible to get in on the website?
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