Skip to comments.Number, cost of Obamacare plans may surprise
Posted on 10/04/2013 1:30:48 PM PDT by sheikdetailfeather
Once people start checking out the health-insurance policies available under the Affordable Care Act, they may be in for two big surprises.
The first may come as they realize how many choices they have: People in Orange, Lake and Osceola counties can pick from up to 98 different plans, from four companies each offering multiple levels of coverage. Seminole offers 158.
"You hit the button, and 80 or 90 or 100 plans jump out, and you have no idea what to do," said Don Kirkendall of AffordableOne Insurance in Winter Park.
The second will come from the retail price which buyers will see before they can calculate the federal subsidies that most purchasers will be eligible to take. For example, an Orlando family of four with income of $42,000 would show a premium of $893 a month for basic coverage though federal subsidies will bring that down to $185 a month.
"Yeah, there's a bit of sticker shock coming down the pike," said independent insurance broker Leslie Glogau of Maitland, spokeswoman for the Central Florida Association of Health Underwriters.
(Excerpt) Read more at orlandosentinel.com ...
Of those who do enroll, I suspect a lot of them are going to lie about their income in order to maximum the Federal subsidy. I wonder how much of an enforcement mechanism there will be against Obama’s voting base?
And 'sticker shock' somehow doesn't adequately describe my reaction to their cost. My healthcare policy will now annually cost about one half of what my mortgage costs me.
Bullshit, "journalist". The cost is still $893 a month. I don't care what the "subsidies" make the direct out of pocket cost...
Are there NO journalists who know economics???????
There’s no way they can insure a family of four for $185.00 per month. The initial price of $893.00 for only basic coverage is more like it
What this means, is that we will now be subsidizing families in to the higher middle income groups. I do think it takes more salary to consider someone in a higher middle-class income group, but here they are subsidized to the tune of 79.3%.
This family’s policy will be underwritten by the taxpayers to the tune of $708.00 per month.
Wait until the wealthy find out how much they’re going to be taxed to pay for this. We’re going to see upper class flight from the nation.
What will be left will look something like California, where this was executed with perfection.
White middle class up moves out. Poor foreign nationals move in. Unions are put in the cat-bird seat to run the place. And wallah..., you’ve got your permanent Leftard nation.
I bet it IS confusing; after all, this is FloriDUH. The same folks who couldn't even manage to correctly punch out a single chad!
ObamaCare is insurance companies lollapaloozas. Big Corporatist’s those liar Dems are...
Sort of a all sizes fit none.
From what I understand, everyone will be on their honor. Of course, if you receive a W-2 or 1099 there would be a means for IRS to verify income. But 47 percent of the people don’t pay income tax and a whole lot of those are probably part of the cash only underground. So cash payments only and no checking or interest bearing checking account, how is the IRS going to check?
There is no consistent check for food stamps, housing subsidy, medicaid, etc. eligibility so don’t expect this to be any different unless cash is eliminated.
I wonder if her hair is long on only one side?
I wonder if her hair is long on only one side?
What is the deductible??!! You trade for high deductibles for lower monthly premiums. That family will learn as they get sick the first $6000 in medical bills come from them before the benefits kick in! Many working middle class/poor live paycheck to paycheck.
You are right. the lower income people have $3.00 co pays others on the same plan pay $50.00 co pays. It’s all a Fairness dontcha know.
Keep in mind that it’s way too big of a burden to get a photo ID to vote...
They won’t even like paying $185 a month for basic health care...
Thanks, then this is just anther massive fraud mechanism to transfer the dwindling wealth of the US to Obama's taker base. I wonder if the ACORN like navigators are advising with a wink and a nod to lie about income, if any? A sting by James O'Keefe might be in order.
Are you suggesting violence?
VA, Affordable Care Act and You
What is the Affordable Care Act?
The Affordable Care Act, also known as the health care law, was created to expand access to coverage, control health care costs and improve health care quality and care coordination. The health care law does not change VA health benefits or Veterans out-of-pocket costs.
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