Saturday, December 21, 2013

In the REAL world...

Let’s just take a real-world example. An uninsured 31-year-old male living in Los Angeles and earning a salary of $32,000 would only qualify for $1 per month in subsidies through Obamacare, according to a search on the California exchange. Because he is 31, he wouldn’t be eligible for cheaper catastrophic insurance. Thus, the most inexpensive plan available to him would be a “bronze” L.A. Care plan costing $178 per month, or $2,136 per year, with a $5,000 annual deductible.
If he chooses to remain uninsured, he’ll be subject to the mandate of 1 percent above the tax filing threshold, meaning around $220.
In contrast, let’s say there is a 31-year-old male in California who earns $100,000 per year. He had insurance through United Healthcare, but his plan was canceled once the insurer decided to leave the California market. Under the HHS rule change, he would have the option of purchasing a plan for $148 per month, or about 17 percent less than the lowest option available to the man earning less than a third of his income. Additionally, the higher-income individual would have the option of skipping insurance altogether without being subject to a fine.
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The way it treats almost everyone else is unfair: 
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