Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Bradical79

(4,490 posts)
Mon Nov 20, 2017, 06:29 PM Nov 2017

Free health insurance? Obamacare customers are finding it

Source: CBS News

The president stopped reimbursing insurers for reduced copays and deductibles, available to people with modest incomes purchasing a "silver" ACA plan. Sure enough, that has boosted premiums for silver plans. But government subsidies also shot up, because they're pegged to the cost of silver plans.

The bigger available subsidies mean that cheaper "bronze" plans can increasingly be had for no monthly premium, after consumers subtract their subsidy from the list price.

It's like pushing down on one end of a see-saw, and the other end goes up.

In some cases, "gold" plans offering enhanced protection against the costs of illness are also available for free to people whose incomes qualify them for financial assistance.

Read more: https://www.cbsnews.com/news/free-health-insurance-obamacare-customers-are-finding-it/



If you qualify, you should check it out.
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Free health insurance? Obamacare customers are finding it (Original Post) Bradical79 Nov 2017 OP
Ha-Ha! bagelsforbreakfast Nov 2017 #1
Thanks Obama for making the ACA moron and spite proof. Fred Sanders Nov 2017 #2
I have mentioned the same thing for several months on DU. BigmanPigman Nov 2017 #3
This applies to me. Thank goodness. Ferrets are Cool Nov 2017 #4
One client: $2.50 per month gold plan, paying 80% expected costs, $239 silver paying 73% Cicada Nov 2017 #5

BigmanPigman

(51,615 posts)
3. I have mentioned the same thing for several months on DU.
Mon Nov 20, 2017, 06:54 PM
Nov 2017

I heard in Sept that since the Silver plans are going up by as much as 40% in some state it is now actually cheaper to get the Gold or Platinum plan will cost as much as Silver in the end. The deductibles, drug costs, and co pays are lower and coverage is better than the Silver plans. It also depends on if you receive subsidies or get the reduced tax credits like I do. My Silver plan went up 30% after the fucking moron signed the exec order. Before he did that it was going to increase 12%. I haven't called Covered CA yet since I want all the bugs worked out first as well as the fact that I do not want to hear that 40% of my disability income will go toward my health insur now.

Cicada

(4,533 posts)
5. One client: $2.50 per month gold plan, paying 80% expected costs, $239 silver paying 73%
Mon Nov 20, 2017, 08:57 PM
Nov 2017

100 times more for a less generous plan. Plus the Gold plan is basically free. Crazy in the extreme.

The craziness also varies in random ways based on zip code and income. Trump government is in the twilight zone.

Latest Discussions»Latest Breaking News»Free health insurance? Ob...