Here is what that FREE healthcare through Obama-care is going to cost you. Monthly premiums for a single 40-year-old with an income of $29,000 would be $201 in Portland, Ore., for a typical “silver” plan offered by insurers. In New York City, that same plan would be $390. Plans are labeled gold, silver, or bronze based on how much the buyer will have to pay out of pocket. A gold plan costs more in premiums but has lower deductibles. Now here’s the Obama-care twist: Since the income for that 40-year-old is less than four times the poverty rate, government subsidies will kick in that bring the individual’s cost down to $193 per month in both places. It’s also $193 in Hartford, Conn., and in Los Angeles. The subsidies, however, phase out entirely for households above four times the poverty level. Those buyers will feel the full impact of price variations with the New York City insurance shopper owing more than the one in Oregon. “While premiums will vary significantly across the country, For example the latest projections from the Congressional Budget Office imply that the premium for a 40-year-old in the second lowest cost silver plan would average $320 per month nationally or $ 3840.00 yearly. Remember if you fail to purchase healthcare insurance you will be fined or as Judge Roberts called it a TAX .. Mark R
Posted on: Sun, 08 Sep 2013 15:53:48 +0000
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