Reply to Trump to gut ACA via executive order

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So now that I don't have my subsidy anymore do I still have to have insurance? Without my subsidy my monthly bill is 350. That's a lot of money for me. What about next year. [/quote]
The liberal media, in trying to make Trump look as bad as possible, has misleading headlines all over the place. The premium insurance subsidies are NOT going away. It's only the cost-sharing subsidies, which were ruled illegal by a court, that are being discontinued. You will continue to get taxpayer assistance to pay for your insurance, just like this year.[/quote]

What is the difference? What is the cost sharing subsidy?[/quote]
OK, I'm back....There are two categories of "taxpayer assistance" with Obamacare, beyond those who get Medicaid (the really poor folks).

1) Premium subsidies. This is the amount that moderate earners (say, $30kish to $48kish) get to offset the cost of the insurance plans, capping their share at 9% of income. So a 58-year-old earning $35,000, for example, might only have to pay $280 for a $680 insurance plan. They qualify for a $400 premium subsidy.

2) Cost-sharing reimbursements. But there's a second category, say....for people earning somewhere in the teens (the point where Medicaid would kick in) and $30k. They still get the premium subsidies, so a person earning $25,000 would only have to pay around $180 for that same $680 plan (9% of income), but they get EXTRA taxpayer subsidies to help with the out-of-pocket costs. An example would be that instead of having to pay the $20 copay for a doctor visit, they would only pay $5.

It is this latter category that a court ruled illegal, and which Trump is stopping. You will till get premium subsidies, the first category. (That's it in a nutshell, and I estimated numbers for examples because the 9% cap is actually slightly more at 9.xx%.)

[/quote]

Op here I'm in the second category so I have lower co pays and lower deductible. So what happens to me now ? I'm most worried about ny premium going up. So far I haven't even used my insurance this year as I'm thankfully healthy. [/quote]

Well, since everyone assumes that my family can afford the $2,700/month premium AND the 5K deductible AND the co-pay so you can float, I'm not terribly concerned if you pay an extra $15 bucks for an office visit.[/quote]

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