Uhh, no, they wouldn't lose their coverage, there just wouldn't be any tax credit since they didn't buy it through a state exchange as is required for the tax credit.
California has me paying 5k for my bronze plan. A friend has a higher end silver plan that would cost me 7k for under 1500 a year.
How is it the poorer folks get much better plans for free or near nothing and the middle class pays through the roof for bottom of the barrel services?
This country is ass backwards and subsidies need to go bye bye and give healthcare back to the private market.
They’d have to pay the full price for the product they were required to buy.
WAAAAAH!
Is it a tax credit or subsidy? I thought it was a subsidy so that, i.e., if the premium were $100/mo and their subsidy was $85/mo, their actual payt would be $15/mo, vs having a credit for 12 x $85 to their 1040 in April?