Last edited Thu Nov 2, 2017, 12:00 AM - Edit history (1)

the subsidies, and other undermining maneuvers

However, if we are talking about the ACA in general, the cost of premiums depend on several factors.

1. No one can be penalized for pre-existing conditions
2. Income determines whether someone qualifies for subsidies. In general if someone makes over a certain amount they won't qualify for a subsidy, and the rates will be higher. For instance, two people in California who make less than around 70K qualify for a subsidy.
3. Age determines the premium. The older the person is, the higher the premium. The younger the person is, the lower the premium.

If he is talking about a 10000 dollar deductible, he might be referring to a Bronze plan.

Without specific demographics, it will be hard to determine if his information is accurate, however, the market place is in trouble now because of the uncertainty the republicans and trump have introduced into it, and there is no doubt that some of the premium increase is due to that uncertainty

I haven't had to deal with the ACA so I don't know much about it.

I know he's about 40 years old with one son who is 18. He makes probably about $55,000/year.

been removed in his states. For two people, if he is making < 64080 he should qualify for the subsidy, if that is still being offered.



Obamacare subsidy income levels
Family Size Minimum Income: Maximum Income:
1 $11,880 $47,520
2 $16,020 $64,080
3 $20,160 $80,640
4 $24,300 $97,200

I am not under the ACA, but if he is making 55K for two he qualifies for the subsidy, and if trump's executive order removed that subsidy, then that is who he should be angry with

here is the 2017 to estimate costs for the Silver Level. You need to find a 2018 calculator,

https://www.kff.org/interactive/subsidy-calculator/

Congress has to change the law to eliminate those. What Trump did was to eliminate subsidies to insurance industries that are designed to make the mandatory cost-sharing subsidies affordable to the insurance companies.

If the subsidies aren't restored, premiums will rise across the board - BUT subsidies to eligible individuals will also rise. The folks who will get hit are the ones with income too high to be eligible for subsidies - because they will have to pay the full higher unsubsidized premiums.