Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "Obamacare needs its own thread...so here it is!"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]9:01 You probably just haven't learned enough about how the law will work when these provisions go into effect to understand that there is substantial assistance to help people buy insurance that is built into th system --help for families that do not have any help with insurance now. Here is a short description of these provisions: Premium Subsidies Households with incomes below 400 percent and above 133 percent of the federal poverty line (FPL) who are enrolled in insurance plans offered through the exchanges are eligible for premium assistance financed by the federal government (Medicaid will cover families with incomes below 133 percent of FPL). In 2010, the FPL is $22,050 for family of four. The new law establishes a sliding scale of assistance based on limitations on required family contributions to the cost of coverage. For instance, at 150 percent of FPL in 2014, ObamaCare limits the amount that such households must contribute toward their health insurance premium to 4 percent of their annual income. At 400 percent of the FPL, households must contribute 9.5 percent of their income toward insurance premiums. Whatever portion of the total health insurance premium for their coverage is not paid by these households is covered by the new federal premium assistance program. What this means is that families with incomes even going up to 80,000 plus would have their insurance expenses capped and, if they had expenses higher than that, the fed gov would be making up the difference. Moreover, many lower income families up to $29,326 for a family of four would be able to get on Medicaid which they are not necessarily eligible for now. So it is simply not true that Obamacare would tax people who can't afford health insurance but not do anything to help people buy health insurance. It does a lot to help people buy health insurance. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics