Kaiser has a formula for figuring subsidies under the ACA.
I punched in my age 63
Income 6 figures
Tobaco use “yes” snuff dipper!
My premium would run 6,599. per year with no subsidy.
I pay 5476 a year right now with a 5,000 deductible and a 20 dollar copay.
I went back in and changed the income to 28,000.
The price is still 6,599 but with the subsidy it would run me 2192 per year.
This is the biggest redistribution of wealth I’ve ever seen.
In my mind this is only the beginning next up will be retirement 401ks roth and investments.
They will either get them by making people dip into investments and retirement funds to pay for this monstrosity or by nationalizing retirement funds.
I am of a mind that this is just a dry run on the true goal of all the investments that middle class has tied up for retirement.