Steve_McGarrett
Gold Member
- Jul 11, 2013
- 19,272
- 4,372
There are going to be tens of millions who will not be able to pay these premiums a month and they will be hit with fines. This is looking worse all the time as more information is being revealed about the 'Affordable Care Act'. Your average young person working paying rent, bills, car note, etc. wont be able to handle it.
APNewsBreak: Early look at health law's premiums - Yahoo! Finance
WASHINGTON (AP) -- The No. 1 question about President Barack Obama's health care law is whether consumers will be able to afford the coverage. Now the answer is coming in.
The biggest study yet of premiums posted by states finds that the sticker price for a 21-year-old buying a mid-range policy will average about $270 a month. That's before government tax credits that act like a discount for most people, bringing down the cost based on their income.
List-price premiums for a 40-year-old buying a mid-range plan will average close to $330, the study by Avalere Health found. For a 60-year-old, they were nearly double that at $615 a month.
Starting Oct. 1, people who don't have health care coverage on their job can go to new online insurance markets in their states to shop for a private plan and find out if they qualify for a tax credit. Come Jan. 1, virtually all Americans will be required to have coverage, or face fines.
APNewsBreak: Early look at health law's premiums - Yahoo! Finance
WASHINGTON (AP) -- The No. 1 question about President Barack Obama's health care law is whether consumers will be able to afford the coverage. Now the answer is coming in.
The biggest study yet of premiums posted by states finds that the sticker price for a 21-year-old buying a mid-range policy will average about $270 a month. That's before government tax credits that act like a discount for most people, bringing down the cost based on their income.
List-price premiums for a 40-year-old buying a mid-range plan will average close to $330, the study by Avalere Health found. For a 60-year-old, they were nearly double that at $615 a month.
Starting Oct. 1, people who don't have health care coverage on their job can go to new online insurance markets in their states to shop for a private plan and find out if they qualify for a tax credit. Come Jan. 1, virtually all Americans will be required to have coverage, or face fines.
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