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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (41508)

3/19/2017 7:27:06 PM

From: John Koligman

Read Replies (1) | Respond to of 42652

"Let's say theoretically that the insurer can charge 6 times instead of 3 times. It can double the cost under the new plan. Wouldn't then the premium also double? Go from 1500 to $3000 a year. Based on this, the Ryan plan should cost less than $3000 a year, not $23,000."

Look at my example again carefully. The information in it comes directly from a plan chosen via Healthcare.gov with the income parameters I presented in the post. It sounds like you have no idea what insurance for older buyers costs in today's world. The policy in the example runs 18k a year for the two people in question, and is only 'affordable' due to the Obamacare subsidy, which gets the price they actually pay down to roughly $200/month. Now on to the R's plan. Under Obamacare, older folks can only be charged 3 times what younger ones pay. Under the new plan, that will go up to 5 times. So lets do the math, add roughly 20-25% per the CBO, and we get to around 23k. But wait, it gets worse! The R's plan will do away with the copay and deductible assistance shown in the plan I posted. So out of pocket costs will go up for these people. Keep in mind that under the current R plan these folks can get a maximum $8,000 credit, so their out of pocket monthly cost for insurance may go from $200 under Obamacare to $1300-$1400/month under the R's plan. See why it's a total scam for older low income folks? Unless the credits go up substantially most of them will be priced out of the insurance market....

Yes - I have had an Obamacare Blue Cross Blue Shield policy for years now. Very happy with it.

PS - If you want to 'play with the numbers' yourself, logon to Healthcare.gov, search 'preview plans and prices', plug in the required information, and you will find what the plans and subsidies are in your area for various income levels...

As for medicaid eligibility, here are the 138% over poverty level qualification numbers for the lower 48. I don't see a 31k income for two qualifying - what state are you talking about?

2015 Federal Poverty Guidelines – 48 Contiguous States & DC
Persons in Household100% Federal Poverty LevelMedicaid eligibility* threshold 138% FPL

1	$11,770	$16,243
2	15,930	21,984
3	20,090	27,725
4	24,250	33,465

4 more rows

Federal Poverty Level Guidelines - ObamaCareFacts.com

obamacarefacts.com/federal-poverty-level/