Vermont announces insurance exchange prices

[Moonglow]

The cost born by employees is deducted from their wages before taxes. So for example let's say a worker's annual salary is $50k....Their insurance costs them $400 per month. That is deducted from the worker's wages. He does not pay taxes on the value of the policy which could be twice what is deducted...
Now the entire amount is deducted as a payroll tax.
Silly to compare? You bet. The coverage in ACA is far more costly and does not deliver the same services.

No, they are not.

The Heath Care Exchanges are for people who don't get insurance from their jobs - in other words, it's a way to purchase private insurance policies. If you have insurance through your job, the exchanges don't apply to you.

Have you seen how much private insurance policies generally cost?

(I'll give you a hint - it's more than it will be on the exchanges)

Either way, it's a tax on earnings.
The premiums are what they are. And that is the issue.
The cost of the exchange based insurance will be significantly more than employer provided group insurance. And the coverage is more extensive.
The Silver Plan covers just 70% of a medical bill. For example, the insurance we have through employment pays 80%. Max co-pay is $25, $50 in a hospital.

You think so? You should see Wal-Mart insurance.

 

[thereisnospoon]

No, they are not.

The Heath Care Exchanges are for people who don't get insurance from their jobs - in other words, it's a way to purchase private insurance policies. If you have insurance through your job, the exchanges don't apply to you.

Have you seen how much private insurance policies generally cost?

(I'll give you a hint - it's more than it will be on the exchanges)

Either way, it's a tax on earnings.
The premiums are what they are. And that is the issue.
The cost of the exchange based insurance will be significantly more than employer provided group insurance. And the coverage is more extensive.
The Silver Plan covers just 70% of a medical bill. For example, the insurance we have through employment pays 80%. Max co-pay is $25, $50 in a hospital.

You think so? You should see Wal-Mart insurance.

Your point?

 

[Moonglow]

Their insurance is high.

 

[flacaltenn]

Cool...Live in a cardboard box and eat ramen, but have full medical coverage.

No problema!

If your problem is with the "mandate" of Obamacare, I'm completely with you.

But I see absolutely nothing wrong with health care exchanges.

What is the value of a "health care exchange"? Considering the wide network of EXISTING broker/dealers? Why it's to make sure that insurance plans are compliant to political agendas, that subsidies and penalties are properly administered, and that 120,000 "navigators" get patronage jobs..

Does the doctor/patient need any of that? What you're gonna find on the exchanges is a long series of "no choices".. No choices to only carrying catastrophic. No choices to higher deductibles, no choices to refusing gimmickry "requirements", No choices to innovative contracting directly WITH the providers WITHOUT insurance..

Now -- of course you can do those things.. But you will be hunted down and taxed for exempting yourself.

More like the bread lines in the old USSR. And the insurance companies love this.
Make 'em bail from employee benefits and pick them off one at a time... Good plan Prog revolutionaries..

 

[boedicca]

So... what are you guys complaining about, exactly?

Prices are comparable to current prices for private health insurance for middle class families, and significantly cheaper for lower income families.

It's pretty silly to compare prices of job-provided insurance with commercially purchased insurance.

You're neglecting the wee aspect that, prior to ObamaCare, nobody forced the family to pay the current prices for private health insurance.

So what is going to happen when such a family faces the choice of paying for rent and food vs. ObamaCare? They'll opt out, and be subject to the fine, and then sign up when they have a real emergency.

 

[boedicca]

Cool...Live in a cardboard box and eat ramen, but have full medical coverage.

No problema!

If your problem is with the "mandate" of Obamacare, I'm completely with you.

But I see absolutely nothing wrong with health care exchanges.

What is the value of a "health care exchange"? Considering the wide network of EXISTING broker/dealers? Why it's to make sure that insurance plans are compliant to political agendas, that subsidies and penalties are properly administered, and that 120,000 "navigators" get patronage jobs..

Does the doctor/patient need any of that? What you're gonna find on the exchanges is a long series of "no choices".. No choices to only carrying catastrophic. No choices to higher deductibles, no choices to refusing gimmickry "requirements", No choices to innovative contracting directly WITH the providers WITHOUT insurance..

Now -- of course you can do those things.. But you will be hunted down and taxed for exempting yourself.

More like the bread lines in the old USSR. And the insurance companies love this.
Make 'em bail from employee benefits and pick them off one at a time... Good plan Prog revolutionaries..

ehealthinsurance.com is a private sector funded equivalent of a health care exchange - and was developed for an eensy beensy fraction of the ungodly billions wasted on ObamaCare exchanges (that don't work properly) to date.

 

[flacaltenn]

If your problem is with the "mandate" of Obamacare, I'm completely with you.

But I see absolutely nothing wrong with health care exchanges.

What is the value of a "health care exchange"? Considering the wide network of EXISTING broker/dealers? Why it's to make sure that insurance plans are compliant to political agendas, that subsidies and penalties are properly administered, and that 120,000 "navigators" get patronage jobs..

Does the doctor/patient need any of that? What you're gonna find on the exchanges is a long series of "no choices".. No choices to only carrying catastrophic. No choices to higher deductibles, no choices to refusing gimmickry "requirements", No choices to innovative contracting directly WITH the providers WITHOUT insurance..

Now -- of course you can do those things.. But you will be hunted down and taxed for exempting yourself.

More like the bread lines in the old USSR. And the insurance companies love this.
Make 'em bail from employee benefits and pick them off one at a time... Good plan Prog revolutionaries..

ehealthinsurance.com is a private sector funded equivalent of a health care exchange - and was developed for an eensy beensy fraction of the ungodly billions wasted on ObamaCare exchanges (that don't work properly) to date.

Exactly -- and they don't have an army of IRS enforcers or navigators who were chronically unemployed a year ago..

 

[thereisnospoon]

Their insurance is high.

What does "high" mean?

 

[thereisnospoon]

If your problem is with the "mandate" of Obamacare, I'm completely with you.

But I see absolutely nothing wrong with health care exchanges.

What is the value of a "health care exchange"? Considering the wide network of EXISTING broker/dealers? Why it's to make sure that insurance plans are compliant to political agendas, that subsidies and penalties are properly administered, and that 120,000 "navigators" get patronage jobs..

Does the doctor/patient need any of that? What you're gonna find on the exchanges is a long series of "no choices".. No choices to only carrying catastrophic. No choices to higher deductibles, no choices to refusing gimmickry "requirements", No choices to innovative contracting directly WITH the providers WITHOUT insurance..

Now -- of course you can do those things.. But you will be hunted down and taxed for exempting yourself.

More like the bread lines in the old USSR. And the insurance companies love this.
Make 'em bail from employee benefits and pick them off one at a time... Good plan Prog revolutionaries..

ehealthinsurance.com is a private sector funded equivalent of a health care exchange - and was developed for an eensy beensy fraction of the ungodly billions wasted on ObamaCare exchanges (that don't work properly) to date.

Trillions.....Ungodly TRILLIONS

 

[auditor0007]

You weren't expecting the liberal pro Obama crowd to come in and try to justify this were you?

$1150 per month for a family with an income of $34k..
That's over $13k per year...WITH the subsidy!
After taxes....this family would have to live on about $15k per year..WTF!!!!!!

You are very confused. The rate for a single person earning $34,000 per year would be around $260 per month. For a family of four (husband, wife, and two kids) and only earning $34,000 per year, the rate would be $104 per month. If the couple had more than two kids, they would then qualify for Medicaid.

 

[auditor0007]

So... what are you guys complaining about, exactly?

Prices are comparable to current prices for private health insurance for middle class families, and significantly cheaper for lower income families.

It's pretty silly to compare prices of job-provided insurance with commercially purchased insurance.

You're neglecting the wee aspect that, prior to ObamaCare, nobody forced the family to pay the current prices for private health insurance.

So what is going to happen when such a family faces the choice of paying for rent and food vs. ObamaCare? They'll opt out, and be subject to the fine, and then sign up when they have a real emergency.

Until you accurately understand the cost of the insurance, this entire thread is a waste of time. It has been based on bad information as to how much the insurance will cost after the subsidy. For those with very low earnings, the cost is extremely cheap. People will not have to choose between health insurance and food. The second thing you don't seem to understand is that people who choose to go without insurance and pay the fine or not pay the fine are not going to just be able to sign up if they get sick. There will be an open enrollment period every year that will only last a few weeks. The only way to buy insurance through the exchange outside of that open enrollment period is if you lose your employer provided insurance and need to buy insurance on your own. If you miss the enrollment period, then get sick right after the enrollment period ends, you will have to wait an entire year before you will be able to purchase insurance.