ObamaCare rates trigger more sticker shock

Fox News ^ | October 12, 2013 | Jim Angle

[jazusamo]

Video at link.

Andy Mangione, who lives in Louisville, Ky. with his wife Amy and their two boys, is doing the same thing millions of people are doing --trying to figure out how much his insurance will cost under ObamaCare.

Before the exchanges opened, his insurance company said his rates would soar. But now that there are subsidies, he's been trying for days to find out how much he would get.

"To logically compare plans, I've been calling them every day since October 1st," says Mangione, "several times a day on some occasions. Sometimes enduring 45, 50 minute holds, half an hour holds."

Although Kentucky officials were unable to give him a firm number on his subsidy because of repeated ITproblems, they did refer him to a Kaiser Family Foundation site, which suggests his subsidy will be $414 a month -- on a premium of $868.

"What I'm concerned about is our doctor visits, our emergency room visits, and what I'm paying in my premium," says Mangione.

The problem is the plan closest to what he has now will mean a 24 percent increase over his current payment-- after subsidies.

And his co-pay for emergency room visits almost tripled -- from $125 to $350 -- an important factor for a family with two young boys.

[GeronL]

my sister just went to a clinic for a tetanus shot, probably be $50 just to walk in and another $80 for the shot.

[GeronL]

He has got to help subsidize those illegal aliens and other “deadbeats” out there. You know, his unfair share.

[Cedar]

That’s my understanding...tax credit is based on modified adjusted gross income and family size. So, the premium people will see through the marketplace will be adjusted lower for those who qualify for those tax credits. They can take the tax credit now (which will lower their monthly premiums), or they can wait and receive the credit when they file taxes for the year ending (they pay the full premiums all year but then get reimbursed when filing taxes).

The cost reductions (lower co-pays, lower deductibles) are only available for those with incomes up to 250% of federal poverty level; while the tax credits for the lower premiums are available for those with incomes up to 400% of federal poverty level.