Average ObamaCare price: $328 per month.

Discussion in 'Economics' started by wilburbear, Sep 25, 2013.

  1. Don't forget the bevy of new taxes added to the monthly premium.

    Got a letter from my insurance company explaining ACA and on the last page they mentioned the new taxes due to ACA:

    Patient Centered Outcomes Research Institute tax (PCORI):
    $2 per member per year

    Health Insurer Tax:
    2.3% of your monthly premium

    Transitional Reinsurance Tax:
    $5.25 per member per month

    Exchange Tax:
    $13.95 per member per month

    Risk Adjustment User Tax:
    0.96 cents per member per year

    This is only the start. Remember all the taxes and fees that were on a landline phone bill? Looks like our monthly health insurance bill will look the same.
    #21     Sep 26, 2013
  2. zdreg


    it is the camel's nose under the tent. that is how every tax starts.

    the middle class that works in the private sector must pay the freight for everyone. that is true in every socialist and semi socialist country.
    #22     Sep 26, 2013
  3. apparently the govt thinks having insurance is more important than buying food

    this will cause a Revolution. mark my words.
    #23     Sep 26, 2013
  4. yudt, slang for youth
    #24     Sep 26, 2013
  5. zdreg


    your remarks are as usual from a no nothing.

    Enter Information About Your Household

    Select a State

    Enter income as

    Enter annual income (dollars)

    Is employer coverage available?

    Number of people in family

    Number of adults (21 and older) enrolling in exchange coverage

    Age Uses Tobacco? ?

    Number of children (20 and younger) enrolling in exchange coverage


    The information below is about subsidized exchange coverage. Note that subsidies are only available for people purchasing coverage on their own in the exchange (not through an employer). Depending on your state's eligibility criteria, you or some members of your family may qualify for Medicaid.

    Household income in 2014:
    174% of poverty level
    Unsubsidized annual health insurance premium in 2014:
    Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:
    Amount you pay for the premium:
    $1,021 per year
    (which equals 5.11% of your household income and covers 40% of the overall premium)
    /yr. you said.

    why don't you stop posting your bs.
    the cost is 1021/yr. not the 6000

    the above is for an individual making 20,000 per year with no dependents. take your revolution and get an education instead.
    the cloesest the US ever got to revolution was the civil war. the US has been an oasis for stability for centuries. get an education before making ridiculous predictions.
    #25     Sep 26, 2013
  6. zdreg


    it is good i asked. if you figure out how i might have misinterpreted it send me a PM.
    #26     Sep 26, 2013
  7. I am outside the US but face it, the US healthcare insurance industry and healthcare costs are a big scam, I saw firsthand when in the US how doctors were using Medicare patients as their cash cows. Costs have to be axed across the board and doctors must accept lower incomes. But there was also a need
    to end the insurance industry practices such as the lifetime limit
    and denial of coverage, Obamacare fixes that . It forces you
    to buy coverage in return but does little AFAIK that will be reducing freedom of choice. It gives healthcare to everyone
    and that 's the way it should be. It won't be perfect and there will
    be unintended consequences, but for Republicans to want to
    bring the US to the brink of default for that and scaremonger americans about Obamacare is ridiculous and shameful, especially when you know that they readily sent people to
    unnecessary wars twice !
    #27     Sep 26, 2013
  8. Earning $20k and you will be paying less than $100/month with subsidy with no denial of coverage. So you should be fine! You'll just have to cut back on Skittles, bro.
    #28     Sep 26, 2013
  9. Bob111


    yep. i give up my land line partially for this reason(plus constant telemarketing calls). amount of taxes and fees was GREATER than what phone company was charging for their services
    #29     Sep 26, 2013
  10. 65% of the population makes less than 20K (and that is conservative because most immigrants make ZERO)
    85% of the population makes less than 30K yearly
    less than 30% has a college education

    so you guys are saying an extra $100-$200 a month wont be a big deal when 95% of the population lives paycheck to paycheck?
    and what exactly does that money get a person besides getting them registered in the system? it doesnt count deductibles or anything.

    be prepared for a Revolt.
    #30     Sep 26, 2013