Uninsured Rate at All Time Low

[progree]

19. 400% of poverty is $47,520 for a single person

Last edited Thu Nov 3, 2016, 06:48 PM - Edit history (1)

who also pays a lot in income taxes because some people think that's rich. A $10,320/year premium (and no tax deduction for it) on top of a $6000 deductible and 20% copays is enough to make one have to downsize their life style, like have to sell the house if have big mortgage, or find a cheaper place to rent. The above premium -- what I'm quoted for 2017 -- is a 2.3-fold increase from my ACA premium in 2014 (also unsubsidized).

ETA - Median household income is something like $54,000 ... so its not like a $47,500/year is "upper middle class" let alone "upper class" or "rich".

I too want to see the ACA survive, I've been on it since the beginning, but I really think we're in a death spiral. MN Governor Mark Dayton may have exaggerated when he said it is unaffordable (he was talking about those who make too much to qualify for subsidies), but he's right that it is a huge political problem. Affects a lot of small business people and other self-employed. And as more and more insurance companies cut back on the number of states they offer ACA exchange policies in....

It wouldn't be all that expensive to fix -- only about 5% of the population is on the ACA -- but the Republicans are intransigent on doing anything that will help make it work.