Here's my Covered California "Obamacare" rates...THANK YOU OBAMA!!!

[SHRED]

My stats:

2 people
57 and 55 yrs old
$52,000 per year
92024 zip code

That's all they asked to take a look.
And here are some screenshots.
I left out the Platinum level since we aren't interested in that level.


The ACA will allow me to retire April 1st, 2014.
I am very thankful.

https://www.coveredca.com/shopandcompare/#calculator

[NYC_SKP]

1. Thank you, SHRED, for posting the actual numbers. I am also in California and see the same results.

Different numbers but the same format.

Four levels, each has four different providers.

I only wish we had a bit more competition, but I'll still be paying half, or less than half, what I pay now for Anthem COBRA.

K/R

[SHRED]

2. you are welcome

[russspeakeasy]

3. Thanks SHRED..

[SHRED]

4. ur welcome

[dkf]

5. That's like $8700 a year the Feds will spend on you. Do you pay that much in federal income tax?

[SHRED]

8. You think the ACA is funded via Federal income tax?

Really??

[dkf]

23. The subsidy, yes. Where else does it come from?

The Cadillac tax or the medical devices tax? Don't think that's enough.

[SHRED]

25. okay I didn't know...

...you were so concerned with those making $200K per year and over.
They will get a slight increase in their capital gains tax and Medicare contribution.

---

Higher-income individuals will have to pay an additional Medicare tax on their wages and on net investment income starting in 2013. The Medicare payroll tax will increase by 0.9 percent from 1.45 percent to 2.35 percent, on wages over $200,000 for individuals and $250,000 for couples filing jointly. There will also be an additional 0.9 percent Medicare tax on net investment income, increasing the tax from 2.9 percent to 3.8 percent, for net investment income in excess of $200,000 for individuals and $250,000 for couples filing jointly. Net investment income includes interest, dividends, rents, royalties, gain from disposing of property, and income earned from a trade or business as a passive activity. Both self-employed individuals and estates and trusts will be liable for the tax. However, distributions from qualified retirement plans will be exempt from paying the additional tax.

http://www.larkinhoffman.com/news/article_detail.cfm?ARTICLE_ID=636

[dkf]

33. That goes towards Medicare, not towards funding the ACA.

[JoePhilly]

27. Just call him a moucher and be done with it.

[dkf]

34. I'm just wondering who will be left to actually pay taxes.

[JoePhilly]

35. Clearly it will not be the 47% Mitt Romney was talking about.

[dkf]

36. That used to be the function of a shitty economy.

But a premium subsidy til $90,000 changes the equation.

[itsrobert]

6. All I can say, thank gawd for Tricare

My family would be in a world of hurt if we were forced onto the exchange.

[NoOneMan]

13. Those copays are crazy

[itsrobert]

16. what copays

$12 for doctor visit at a civilian practice?

[NoOneMan]

18. Oh no! I meant copays for those plans shown in OP

Yes, I agree with your sentiment you stated. Those plans would put my family in a world of hurt too. I'd be bleeding more money than I already do just having a family.

[JDPriestly]

19. I have the lowest cost Medicare Advantage Plan.

Co-pays for office visits are $20 each. Does that seem reasonable to you?

[NoOneMan]

21. To be honest, no.

Especially since those on Medicare can afford this the least. They are senior citizens without income many times!

Copays used to seem reasonable to me when I was a kid and it was $5. Now I see copays as just another way to keep the lessers out of the doctor office. Especially families with multiple kids who get sick multiple times throughout the year.

Copays are not reasonable. They are fucking nuts. They are about inducing self-rationing among the lower tiers of society. It is only within a sick society that we would deem this as permissible. It is only within such sickness would we tout a reform that institutionalized them.

So yeah, its possible I'm just not seeing things from the same context as anyone else

[JDPriestly]

22. In LA, you sometimes have to pay to park at your doctor's office. Strange don't you think?

[SHRED]

29. As long as their is profiteering then none of it is "fair"

We need a single-payer system of course.

http://www.pnhp.org/facts/single-payer-resources

[msongs]

7. be sure to thank those who are paying much more for your subsidy :-) nt

[SHRED]

9. bullshit

Prove it.

[itsrobert]

10. Just use the same ages/zip, but double the income to $104,000

a year. And see the the government assistance is gone. And if you were fortunate to gross a combine income for two people of $104,000 (not out of the question in high price California) you would be paying 3 to 5 times for the insurance.

Is that really fair? double the income, but 3 times the rates?

Or just look at your rate without government subsidy, that's what's someone has to pay at your ages in the zip code at $63,000.

[SHRED]

11. What would a couple pay now for the same insurance?

If they could get it. And that's a BIG if.

And you and quite a few others seem a bit confused regarding how the ACA is funded.


-

[itsrobert]

12. How is it funded?

Why should a couple that makes $63,000 to your $52,000 have to pay 3 times more for the same coverage?

If that was me and my wife at 63K, I would be looking to cut back on working hours for me and my wife. Or one of us would be forced to early retire to get our income down where we would get the govt subsidy.

[SHRED]

14. I will agree...

...that the cutoff is too harsh. There are issues I have with the ACA and this is one of them.

But Federal individual income taxes do not fund the ACA and insurance premium rates are only small fractionally affected if at all.

Playing "class warfare" as if those not in the exchange are funding those in them is fucking nonsense.

I'm not gonna Google ACA funding for you. If you want to know then look it up. I have.

[itsrobert]

15. where does the subsidy come from?

? If it is not from tax revenue?

[SHRED]

17. Here's a bit of it

A pretty good summary:

http://www.larkinhoffman.com/news/article_detail.cfm?ARTICLE_ID=636

[JDPriestly]

20. The OP concerns a couple 50 and 55 years old.

Pre-ACA, their insurance would have been much more expensive than the insurance of a younger person.

[SHRED]

24. Pre-ACA there is no insurance avaiable to us

We "pre-existing" conditions like the rest of the 86% of those over 55.

We have two choices:

1. Stay in my employer's group at full cost which is $1,700-$2,000 per month.
2. Go without insurance and risk our life's savings.

Now there is a third...the ACA.

For the record I am a single-payer advocate. I have been very critical of the ACA and still am on many levels.
But this is what we have for now and it won't just help me and my wife. We are talking about millions who were denied access to any meaningful healthcare because they had no way to pay for it.

[Kolesar]

38. I could have *forced* an insurer to cover me since I had had continuous coverage

If one had been "continuously covered" through an employer, COBRA, or a private policy, one could have "forced" an insurance company to cover you. That was how I understood it four years ago. I looked into it, but never had to use it. I spent a huge amount of time at Ohio and federal websites.

I was terrified that I would be laid off. I had a diagnosis that might have meant huge premiums. I will never know, since policy has changed. I agree with your last paragraph.

[JoePhilly]

28. Clearly he's part of the 47% that Mitt Romney was talking about, right?

[Turbineguy]

26. My rates look like they will double (according to the RWNJ's I know)

from $782 to $193 per month. With better coverage.

[IronLionZion]

37. ACA Tax Provisions

http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions
Not in response to the OP, but rather for the folks here who have expressed concerns over how the subsidies are funded. Its through various sources. Revenue collection is deliberately complicated in this country and is manipulated for political purposes.



Thanks for sharing your screenshots OP. That's probably the most complete sharing method. Glad it is working out for you.