http://www.nbcnews.com/health/health-plan-sticker-shock-ahead-some-buyers-2D11792706
The danger of a wrong snap judgment is great for those under financial pressure — especially those with modest incomes who make too much to qualify for the government subsidies available under the new health care system. Subsidies aren't available for individuals making more than $45,960.
Most of the uninsured make less than that, but many still pick the cheapest plans.
"Price rules," said John Foley, a Legal Aid counselor in Palm Beach, Fla., who has been helping people enroll.
Some applicants see the catch.
"The real big surprise was how much out-of-pocket would be required for our family," said David Winebrenner, 46, a financial adviser in Lebanon, Ky., whose deductible topped $12,000 for a family of six for a silver plan he was considering. The monthly premium: $1,400.
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So, 1400 x 12 is 16,800 plus the 12000 deductible. That's almost 30k. You'd do better to pay the fine and not enroll as the upfront costs are going to bankrupt you anyhow. This is asinine. Where is the affordability? There is not any.
The danger of a wrong snap judgment is great for those under financial pressure — especially those with modest incomes who make too much to qualify for the government subsidies available under the new health care system. Subsidies aren't available for individuals making more than $45,960.
Most of the uninsured make less than that, but many still pick the cheapest plans.
"Price rules," said John Foley, a Legal Aid counselor in Palm Beach, Fla., who has been helping people enroll.
Some applicants see the catch.
"The real big surprise was how much out-of-pocket would be required for our family," said David Winebrenner, 46, a financial adviser in Lebanon, Ky., whose deductible topped $12,000 for a family of six for a silver plan he was considering. The monthly premium: $1,400.
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So, 1400 x 12 is 16,800 plus the 12000 deductible. That's almost 30k. You'd do better to pay the fine and not enroll as the upfront costs are going to bankrupt you anyhow. This is asinine. Where is the affordability? There is not any.