Obama Administration: Half Of Young Adults Can Get Marketplace Coverage For $50 Or Less A Month

[TomCADem]

Source: Think Progress

Approximately 46 percent of single, uninsured young adults living in 34 of the states with a federal Obamacare marketplace will be able to purchase basic health coverage — a bare-bones “Bronze” level plan — for less than $50 per month after factoring in federal tax subsidies, according to a new report by the Department of Health and Human Services (HHS).

An even greater number of young and uninsured single adults between the ages of 18 and 34 will be able to get coverage for less than $100 per month, according to government data. “Of [the 2.9 million] potentially Marketplace-eligible uninsured single young adults, approximately 1.9 million… may be able to pay $100 or less per month in 2014,” wrote the report authors. That’s nearly two-thirds of young adults who qualify for Obamacare marketplace coverage in the 34 states.

An additional one million young adults will also now qualify for Medicaid coverage under Obamacare’s expansion of the program. All told, the report finds that 40 percent of the 7.2 million young, uninsured adults living in the 34 states will be able to get coverage for $100 per month or less thanks to the health law. That works out to be 2.9 million people.

If all of the 34 states had chosen to expand Medicaid, however, that number would actually spike to 6.2 million people. That’s because many young adults earn little enough money to qualify for the program under Obamacare’s Medicaid expansion.


Read more: http://thinkprogress.org/health/2013/10/29/2850771/obama-administration-young-uninsured-report/

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This is actually being covered by the mainstream media in a perjorative manner, since the Medicaid expansion is portrayed as a bad thing. You would think that gaining access to affordable coverage should be a positive, but look at stories regarding Medicaid, and you get a bunch of right wing talking points about socialized medicine.

[doc03]

1. $50 or $100 is a lot of money if you work at McDonalds. n/t

[JoePhilly]

6. How much less is that amount as compared to what they would have paid prior?

[warrant46]

11. The Bronze $5,000.00 deductible makes this only Catastrophic Insurance

Most of these people would be Judgment proof and a $750.00 bankruptcy will get rid of the bill anyway

We need Medicare for all and cut the Pentagon by 75% to pay for it.

[Monk06]

2. In British Columbia the monthly premium for a single person is going up to $66.50 PER MONTH

No deductible, no exceptions for preconditions. Full coverage including hospital stays and homecare.

ACA is still not the solution.

Single payer national health. The only way. To do that hospitals must be put under public administration and private insurance companies barred from the market.

Alas in the US good luck with that.

[SoapBox]

3. +1

[Amonester]

4. In Quebec, the monthly premium for everybody is staying at $0.00 PER YEAR.

Sadly, they are privatizing too many parts of it.

[SnakeEyes]

5. How are the costs of care paid for?

Also, why are they privatizing?

[Amonester]

7. Much higher income taxes, and sales taxes (highest rates in North-Am).

They are privatizing because many wealthier people don't want to wait on priority lists to get treatment.

Some of them even go as far as traveling to the US to get better treatments.

Québec has a $250 Billion (CAN) public debt, and rising.

[KatyMan]

9. Better treatment?

By what measure? By most accounts- the outcomes of both countries are very close- Canada does have the edge in longevity. New technology doesn't always equate into better care.

[Amonester]

10. It depends on how much money these Canadian one-percenters are willing to pay

Of course new technology doesn't always equate to better care.


So always was not what I meant, since occasionally it does, at least for a few specialized treatments (skin cancer, for example). I'm not saying that Single-Payer healthcare can't afford scanners, again, for example, or else (they're slow to acquire enough). It's just that in Québec, the system is stressed because one-percenters seek to evade their wealth to tax havens, like everywhere else.

[KatyMan]

8. In Texas

My 29 yo with a pre-existing that requires daily medication is getting a BC/BS policy with no deductible for MD visits, labs, x-rays, etc.(just a 30.00 copay) and 500 deductible for hospitalization for 21 bucks a month. It is the BC/BS Silver Advantage 004 plan. She does get the max credit - 193.00 per month. So we think this is a great deal.