Wednesday, September 25, 2013

Facts on Obamacare premiums

Forget the Faux Snooze propaganda, since they are averse to facts of any kind. See this article for what Obamacare will cost, with and without subsidies, and who qualifies for subsidies. The premiums are far lower than the deliberate lies and misinformation, and for those in poverty the premiums could be negligible or nil. A few examples from the article.

The average price for basic health coverage purchased on health insurance exchanges created by President Barack Obama's health care reform law will be $249 a month, not counting subsidies. The average price of the cheapest bronze plan in Minnesota is $144 while in Wyoming, comparable coverage costs $425 on average, not including subsides. For people who currently are uninsured and who qualify for financial assistance or enrollment in Medicaid, the federal-state health program for the poor, the average prices look to be low: 56 percent of uninsured will be able to get coverage for less than $100 a month per person. 

A 27-year-old in Dallas who earns $25,000 a year will be able to purchase a bronze plan for $74 a month, including federal tax credits to discount the price. A family of four in Dallas with a $50,000 household income could choose a bronze plan for as little as $26 a month, including the subsidies. A family of four earning $50,000 a year purchasing the least expensive bronze plan would pay $36 a month in Charlotte, N.C., $32 a month in St. Louis and $24 a month in Ft. Lauderdale, Fla., including subsidies.

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