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wow how affordable is the ACA? Not so much if you work and make average money

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Just for "fun", playing with various scenarios to calculate health care premiums under this "wonderful" ACA. I'd use the healthcare.gov site except that it is constantly not working.

The last one I plugged into that calculator was $75,000 annual income, both spouses age 65, and no kids.

The result ............ an annual premium of $20,736. That would be 27.6% of that hypothetical couple's gross income. Throw in income taxes (est effective tax rate of 10% $7,500) and FICA (about $5,750) if they are still working (which at that kind of premium they more than likely would have to plus possibly take out a mortgage to pay for it). That is a take home of approx $61,750 meaning that premium would be 33.6% of their take home pay.

That is affordable how?

I suppose they could decide not to work as much. Let's say they drop to $40,000. That drops it to $3,312 annual premium. They could nearly break even that way.

Even better drop it to part time for both (which with this current trend of making employees part timers is very doable) down to $20,000. They qualify for Medicaid and do not have to pay for any "affordable" health care insurance.

Why work?

Maybe that is this admin's plan all along to put the large number of young just college graduated to work. Drive the older worker off the payrolls?

http://laborcenter.berkeley.edu/healthpolicy/calculator/

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lol

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I plugged in a 25 year old making $25,000 a year. monthly payment with subsidy is $145 a month.

I also used the Kaiser calculator and they came out the same.

Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.

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ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.

I am just telling you that's cheaper than today and in the past 5 years for a 25 year old in Florida for a decent plan.

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Is this you PD?

http://www.youtube.com/results?search_query=cooyon+duhon+obamaville&oq=cooyon&gs_l=youtube.1.1.0l10.2360.3474.0.6509.6.5.0.1.1.0.79.330.5.5.0...0.0...1ac.1.11.youtube.NBAnPJF-32I

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Chrissy wrote:
ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.
I can assure you that my daughter would have appreciated that option when she had to have back surgery in 2011, being that she's an independent contractor...so she paid out-of-pocket. But I agree that it's hard, because of the inequity in our tax system, for a young person to get ahead of their tax burden.

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Floridatexan wrote:
Chrissy wrote:
ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.
I can assure you that my daughter would have appreciated that option when she had to have back surgery in 2011, being that she's an independent contractor...so she paid out-of-pocket.  But I agree that it's hard, because of the inequity in our tax system, for a young person to get ahead of their tax burden.  


You don't know what your daughter would or would not have done prior to her surgery.

Obviously your daughter didn't have insurance since she had to pay out of pocket so she's one of the many that chose to take the risk of not getting hurt. That being said... Today she'd be one of the many who will simply pay the fine since it's cheaper.

*****SMILE*****

http://www.youtube.com/watch?v=wQzUCO7rG0M

Smile



Last edited by Damaged Eagle on 10/6/2013, 2:39 pm; edited 1 time in total

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Floridatexan wrote:
Chrissy wrote:
ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.
I can assure you that my daughter would have appreciated that option when she had to have back surgery in 2011, being that she's an independent contractor...so she paid out-of-pocket.  But I agree that it's hard, because of the inequity in our tax system, for a young person to get ahead of their tax burden.  
Did she pay any income tax?  Strange coming from you who what the young to pay more and more in taxes.

If she was young, and healthy she could have bought any of dozens of health insurance plans depending on the coverage she wanted.  How old was she and what was her income?

You don't even know what the deductible is on that $125.00 or what the co-pay is on that lowest priced coverage. All the deductibles I've seen so far, on those place are $5,000 to $6,000 and around $13,000 for families. They pay 67% which means even after the insurance kicks in, the policy holder is responsible for 33% of the charges.

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Floridatexan wrote:
Chrissy wrote:
ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.
I can assure you that my daughter would have appreciated that option when she had to have back surgery in 2011, being that she's an independent contractor...so she paid out-of-pocket.  But I agree that it's hard, because of the inequity in our tax system, for a young person to get ahead of their tax burden.  
So your daughter paid close to $50000 for a back surgery? Do you really expect us to believe that?

Markle wrote:
Floridatexan wrote:
Chrissy wrote:
ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.
I can assure you that my daughter would have appreciated that option when she had to have back surgery in 2011, being that she's an independent contractor...so she paid out-of-pocket.  But I agree that it's hard, because of the inequity in our tax system, for a young person to get ahead of their tax burden.  
Did she pay any income tax?  Strange coming from you who what the young to pay more and more in taxes.

If she was young, and healthy she could have bought any of dozens of health insurance plans depending on the coverage she wanted.  How old was she and what was her income?

You don't even know what the deductible is on that $125.00 or what the co-pay is on that lowest priced coverage.  All the deductibles I've seen so far, on those place are $5,000 to $6,000 and around $13,000 for families.  They pay 67% which means even after the insurance kicks in, the policy holder is responsible for 33% of the charges.
Show me a family deductible for $13,000. You have been over 65 toooo long. $5000 up to $10000 deductible's have been around a while. Also parts of the letter you posted from Orlando newspaper from the realtor group was wrong.

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ppaca wrote:
Markle wrote:
Floridatexan wrote:
Chrissy wrote:
ppaca wrote:Chrissy's scenario is more realistic and probably dead on. That premium is not bad C considering that is lower than most decent plans today for the same 25 year old.

But Pace you an educator use 65 year olds? Think you better go back a re read the law, although the rates go up that far all the actuarial figures are based on age 0-64. If anyone is eligible for Medicare they cannot purchase any under 65 product it is illegal and that also means a 55 year old on disability on Medicare. The only people over 65 that can, is someone not eligible for Medicare and then hopefully they'd fall below 250 FPL to be eligible for subsidy. Most will be legal immigrants that have been here less than 5 years. Also you plugged in an annual salary above 400% FPL.
be forewarned, most 25 year olds are pretty healthy and are not going to be pleased on a low salary having to pay $125. a month for ins they don't expect to use.
I can assure you that my daughter would have appreciated that option when she had to have back surgery in 2011, being that she's an independent contractor...so she paid out-of-pocket.  But I agree that it's hard, because of the inequity in our tax system, for a young person to get ahead of their tax burden.  
Did she pay any income tax?  Strange coming from you who what the young to pay more and more in taxes.

If she was young, and healthy she could have bought any of dozens of health insurance plans depending on the coverage she wanted.  How old was she and what was her income?

You don't even know what the deductible is on that $125.00 or what the co-pay is on that lowest priced coverage.  All the deductibles I've seen so far, on those place are $5,000 to $6,000 and around $13,000 for families.  They pay 67% which means even after the insurance kicks in, the policy holder is responsible for 33% of the charges.
Show me a family deductible for $13,000. You have been over 65 toooo long. $5000 up to $10000 deductible's have been around a while. Also parts of the letter you posted from Orlando newspaper from the realtor group was wrong.
I think you should be task with showing hat the deductibles are.

we know they are at least $5,000.

and lets be honest here, a $5,000 deductible doesn't benefit anyone unless they are terribly sick.

having one of those is pretty much like not having ins at all

people need to be honest

Let's see if this works, quoted a female born 1970, 32503, nonsmoker just for ppo plans there are many more and these premiums are full premiums without any subsidy.
"Premier" in their name include both pediatric and adult vision and dental services.
Select Plan Name Annual Deductible Coinsurance Annual Out-of-Pocket Max Metal Level Monthly Premium Plan Details
BlueOptions Essential 1401 $1,300 10% $2,600 Gold $375.76 View Plan Details
BlueOptions Essential 1406 $2,100 10% $4,200 Silver $346.13 View Plan Details
BlueOptions Essential Plus 1401P $1,300 10% $2,600 Gold $387.41 View Plan Details
BlueOptions Essential Plus 1406P $2,100 10% $4,200 Silver $356.85 View Plan Details
BlueOptions Essential (HSA) 1419 $6,250 0% $6,250 Bronze $287.76 View Plan Details
BlueOptions Essential (HSA) 1430 $3,500 30% $6,250 Bronze $302.68 View Plan Details
BlueOptions Essential (HSA) Plus 1419P $6,250 0% $6,250 Bronze $296.68 View Plan Details
BlueOptions Essential (HSA) Plus 1430P $3,500 30% $6,250 Bronze $312.07 View Plan Details
BlueOptions Predictable Cost 1413 $3,000 0% $5,000 Gold $398.35 View Plan Details
BlueOptions Predictable Cost 1423 $5,000 0% $6,250 Silver $371.79 View Plan Details
BlueOptions Predictable Cost Plus 1413P $3,000 0% $5,000 Gold $410.71 View Plan Details
BlueOptions Predictable Cost Plus 1423P $5,000 0% $6,250 Silver $383.31 View Plan Details
BlueOptions Everyday Health 1410 $5,750 10% $6,250 Silver $319.69 View Plan Details
BlueOptions Everyday Health 1416 $6,000 0% $6,250 Bronze $310.38 View Plan Details
BlueOptions Everyday Health 1418 $850 10% $2,500 Platinum $410.43 View Plan Details
BlueOptions Everyday Health 1420 $2,500 20% $6,250 Gold $367.30 View Plan Details
BlueOptions Everyday Health 1431 $5,000 10% $6,350 Silver $352.13 View Plan Details
BlueOptions Everyday Health Plus 1410P $5,750 10% $6,250 Silver $329.60 View Plan Details
BlueOptions Everyday Health Plus 1416P $6,000 0% $6,250 Bronze $320.00 View Plan Details
BlueOptions Everyday Health Plus 1418P $850 10% $2,500 Platinum $423.15 View Plan Details
BlueOptions Everyday Health Premier 1418V $850 10% $2,500 Platinum $445.16 View Plan Details
BlueOptions Everyday Health Plus 1420P $2,500 20% $6,250 Gold $378.69 View Plan Details
BlueOptions Everyday Health Premier 1420V $2,500 20% $6,250 Gold $398.38 View Plan Details
BlueOptions Everyday Health Plus 1431P $5,000 10% $6,350 Silver $363.05 View Plan Details
BlueOptions All Copay 1424 $0 0% $2,000 Platinum $430.71 View Plan Details
BlueOptions All Copay Plus 1424P $0 0% $2,000 Platinum $444.06 View Plan Details
BlueSelect Essential 1434 $1,300 10% $2,600 Gold $332.02 View Plan Details
BlueSelect Essential 1439 $2,100 10% $4,200 Silver $305.83 View Plan Details
BlueSelect Essential Plus 1434P $1,300 10% $2,600 Gold $342.31 View Plan Details
BlueSelect Essential Plus 1439P $2,100 10% $4,200 Silver $315.32 View Plan Details
BlueSelect Essential (HSA) 1452 $6,250 0% $6,250 Bronze $254.26 View Plan Details
BlueSelect Essential (HSA) 1463 $3,500 30% $6,250 Bronze $267.44 View Plan Details
BlueSelect Essential (HSA) Plus 1452P $6,250 0% $6,250 Bronze $262.14 View Plan Details
BlueSelect Essential (HSA) Plus 1463P $3,500 30% $6,250 Bronze $275.74 View Plan Details
BlueSelect Predictable Cost 1446 $3,000 0% $5,000 Gold $351.99 View Plan Details
BlueSelect Predictable Cost 1456 $5,000 0% $6,250 Silver $328.50 View Plan Details
BlueSelect Predictable Cost Plus 1446P $3,000 0% $5,000 Gold $362.89 View Plan Details
BlueSelect Predictable Cost Plus 1456P $5,000 0% $6,250 Silver $338.69 View Plan Details
BlueSelect Everyday Health 1443 $5,750 10% $6,250 Silver $282.47 View Plan Details
BlueSelect Everyday Health 1449 $6,000 0% $6,250 Bronze $274.25 View Plan Details
BlueSelect Everyday Health 1451 $850 10% $2,500 Platinum $362.65 View Plan Details
BlueSelect Everyday Health 1453 $2,500 20% $6,250 Gold $324.55 View Plan Details
BlueSelect Everyday Health 1464 $5,000 10% $6,350 Silver $311.13 View Plan Details
BlueSelect Everyday Health Plus 1443P $5,750 10% $6,250 Silver $291.22 View Plan Details
BlueSelect Everyday Health Plus 1449P $6,000 0% $6,250 Bronze $282.75 View Plan Details
BlueSelect Everyday Health Plus 1451P $850 10% $2,500 Platinum $373.89 View Plan Details
BlueSelect Everyday Health Premier 1451V $850 10% $2,500 Platinum $393.33 View Plan Details
BlueSelect Everyday Health Plus 1453P $2,500 20% $6,250 Gold $334.60 View Plan Details
BlueSelect Everyday Health Premier 1453V $2,500 20% $6,250 Gold $352.01 View Plan Details
BlueSelect Everyday Health Plus 1464P $5,000 10% $6,350 Silver $320.77 View Plan Details
BlueSelect All Copay 1457 $0 0% $2,000 Platinum $380.56 View Plan Details
BlueSelect All Copay Plus 1457P $0 0% $2,000 Platinum $392.37 View Plan Details
Compare Plans

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Damn didn't come out in column form but right after the plan number, example 1401 that is the deductible for that plan. Some will say 0 because there is none.

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