Health Insurance Marketplace

[Revmitchell]

I'd be curious as to what it says and if it works like that, if you're willing to share.

Here is what it said:

Results

Because your income is more than 4 times the poverty level, you would not qualify for subsidized exchange coverage. The information below is about unsubsidized exchange coverage.

Household income in 2014:
1814% of poverty level
Unsubsidized annual health insurance premium in 2014:
$11,751
Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:
None
Amount you pay for the premium:
$11,751 per year
(which equals 2.35% of your household income and covers 100% of the overall premium)
You could receive a government tax credit subsidy of up to:
$0
(which covers 0% of the overall premium)

Bronze Plan

The premium amounts above are based on a Silver plan. You could purchase other levels of coverage, such as a Gold plan (which would be more comprehensive) or a Bronze plan (which would be less comprehensive).

For example, you could enroll in a Bronze plan for about $11,751 per year (which is 2.35% of your household income). For most people, the Bronze plan represents the minimum level of coverage required under health reform. Although you would pay less in premiums by enrolling in a Bronze plan, you will face higher out-of-pocket costs than if you enrolled in a Silver plan.
Out of Pocket Costs

Your out-of-pocket maximum for a Silver plan (not including the premium) can be no more than $12,700. Whether you reach this maximum level will depend on the amount of health care services you use. Currently, about one in four people use no health care services in any given year.

A Silver plan has an actuarial value of 70%. This means that for all enrollees in a typical population, the plan will pay for 70% of expenses in total for covered benefits, with enrollees responsible for the rest. If you choose to enroll in a Bronze plan, the actuarial value will be 60%, meaning your out-of-pocket costs when you use services will likely be higher. Regardless of which level of coverage you choose, deductibles and copayments will vary from plan to plan, and out-of-pocket costs will depend on your health care expenses. Preventive services will be covered with no cost sharing required.
Other Coverage Options

Children and young adults under age 30 are eligible to purchase catastrophic coverage. With a catastrophic plan, you would pay out-of-pocket for most health services until you reach the annual limit on cost sharing ($12,700 in 2014). However, preventive services are covered with no cost sharing required.

 

[InTheLight]

Again, most people are not going to sign up, despite your reading the federal exchange servers crashing this morning as a solid sign that they are.

You have a nasty habit of reading what you want to read, not what is said. I did post that people could be snarling up the new exchange websites because they want to use ObamaCare.

I did post a Gallup poll survey that said 2 out of 3 people currently without insurance said they would buy insurance. Among uninsured people, 2 out of 3 is "most".

Here's why:

Note that average incomes -- and most people earn in the neighborhood of $40K-$45K, particularly with two income families -- create a situation that puts the family upside down as to insurance cost vs. the penalty for not having insurance. For single wage earners, or just plain singles, it makes no sense to sign up for insurance that costs more than the penalty, which disinformation has stated provides insurance. It does not. It's just a penalty.

The median income in this country is about $57,000. That means that nearly 70% of all households would be upside down, insurance cost vs. penalty.

You would have a point if the choice to buy insurance was totally, and only, about spending more or less than the penalty. People buy insurance because they want protection from a catastrophe, not because it is cheaper than something else. If someone doesn't buy insurance it is because they don't think they need it. People that opt not to buy life insurance don't say, "well, it costs more than my extended channel lineup on cable TV, so I'll pass on that."

Now explain why 2 out of 3 people without insurance said they would buy it?

Your Great Pretender's program is doomed, and he knows it.

There's that habit of yours again. Again, I didn't vote for Obama. I can't stand him. I haven't voted for a Democrat in 23 years.

 

[thisnumbersdisconnected]

I did post a Gallup poll survey that said 2 out of 3 people currently without insurance said they would buy insurance. Among uninsured people, 2 out of 3 is "most" ... Now explain why 2 out of 3 people without insurance said they would buy it?

Yesterday and today, they didn't. A cross section of state exchanges showed that out of all visitors, only 1.5% are actually signing up. Now ... you explain that.

There's that habit of yours again. Again, I didn't vote for Obama. I can't stand him. I haven't voted for a Democrat in 23 years.

You know, you keep saying this, but it is hard to believe, given all the time you have spent the last week defending his position on refusing to delay the ACA, refusing to consider defunding it, refusing to negotiate with Republicans. So, if you don't like him, why do you keep defending him and making his argument for him on this board?? That's a very conflicted viewpoint to hold, I would think.