LoveNotHate wrote:
Chronos wrote:
People like a friend of mine who can't afford the subsidized premiums but who makes too much for medicare.
People who have health insurance and can afford the premiums but can't afford any out of pocket cost.
People who lost their health insurance because they lost their job, can't afford COBRA premiums, and made too much the previous year to qualify for subsidized insurance or medicare, but wouldn't be able to afford subsidized premiums anyway.
For subsidized Silver plan:
https://www.pfichicago.com/obamacare-be ... quirementsHow can your friend make so much money not to qualify for Medicaid, not to qualify for free ACA, yet not afford at most $364/month? Worst case, that's around $4,300 year for someone who makes a $45,960 modified adjust gross income Which means your friend could easily be making $75,000 per year pre-deduction and still can't afford $364/month.
How is this possible?
How will your friend afford the proposed Bernie Sanders health care taxes of 8.4%? That could be even more than $363/month.
Because his basic living expenses and financial responsibilities eat up all of his income.
He had a decent paying job in his home town but housing prices exploded and he did the logical thing and moved to a cheaper area. Unfortunately the cheaper area was 80 miles away from his work and then gas prices exploded and left him broke. To compound things, he had two cars totaled on the commute...neither accident his fault.
He had a chance to move to a cheaper state as a friend had a place there so he sold his house at no or very little profit and did, only he couldn't find employment there and ended up having to take gig jobs and is in no better of a financial situation than he was here.